by Chris Mistal | May 7, 2020 | Monthly Outlook
Despite the selloff on the last day of April, the Best Six Months ended on a positive note, registering the best month in decades and the best April since the Great Depression. We have been tracking our Seasonal Best Six Months MACD Sell Signal for DJIA and S&P...
by Chris Mistal | Apr 2, 2020 | Monthly Outlook
The Dow’s 6.4% rally on March 26 capped the biggest three-day surge since October 6-8, 1931. That may sound encouraging, but remember 1931 was the worst year for DJIA on record, down 52.7%. DJIA jumped 21.3% from the low on Monday March 23. This surge came on the...
by Chris Mistal | Mar 2, 2020 | Monthly Outlook, Uncategorized
The Dow Jones Industrial Average suffered its worst one-day point loss on February 27. The market was down all day, but fluctuated dramatically with the headlines. Widespread selling pushed the market into correction territory with the Dow down 12.8% from its February...
by Chris Mistal | Feb 5, 2020 | Monthly Outlook
February is notoriously the weak link in “Best Six Months” so we expect the big run the market has been on since mid-October to at least take a breather in February as it often does to consolidate January gains and the gains over the first half of the “Best Six...
by Chris Mistal | Jan 3, 2020 | Monthly Outlook
The House of Representatives impeached President Trump December 18, but is holding off sending the articles of impeachment to the Senate until they define the rules of engagement for the Senate trial. Meanwhile the stock market rallied to new all-time highs across the...
by Chris Mistal | Nov 25, 2019 | Monthly Outlook
The beat rolls on. In the face of ongoing geopolitical and U.S. political volatility, machinations and all the noise, equity markets continue to march higher. While economic growth has slowed underlying strength remains evident. Market internals still have room for...