Chris Mistal

Almanac Update December 2021: Small Cap Effect & Santa Claus Rally

December is the number three S&P 500 and Dow Jones Industrials month since 1950, averaging gains of 1.5% on each index. It’s the second-best Russell 2000 (1979) month and third best for NASDAQ (1971). In 2018, DJIA suffered its worst December performance since 1931 and its fourth worst December going all the way back to 1901. However, the market rarely falls precipitously in December and a repeat of 2018 is not all that likely. When December is down it is ...

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2
DEC
2021

0

Almanac Update

Best Six Months, Best Three Months, DJIA, NASDAQ, November, post-election year, Russell 2000, S&P 500, Vital Stats, Worst Four Months, Worst Months, Worst Six Months

December 2021 Outlook: New Highs Likely Before Yearend

Seasonal patterns continue to reassert themselves and that is positive for the probability of new highs by yearend. Typical September and early October weakness created a solid set up for our October 8 Seasonal MACD Buy Signal. Then late-October seasonal strength carried into early November before the usual pre-Thanksgiving weakness ensued. As we head into December, the market is trying to find its footing and we look for the market to shake off its current funk as it usually does ...

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2
DEC
2021

0

Monthly Outlook

Best Months, DJIA, NASDAQ, NASDAQ 100, Q4, S&P 500, Seasonal MACD, Thanksgiving, Worst Months, Worst Six Months, Year-over-year gains

December 2021 Market at a Glance

Seasonal:

Bullish. December is the #3 month for DJIA, S&P 500 and NASDAQ. It is also the second month of the “Best Months” and best three consecutive month span. Performance is modestly softer in post-election years. Santa Claus Rally begins on the open on December 27 and runs until the close on the second trading day in January.

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2
DEC
2021

0

Market At A Glance

DJIA, employment, Fed, fundamental, GDP, monetary, NASDAQ, rates, S&P 500, Seasonal, sentiment, technical

Almanac Update November 2021: Best Consecutive Three-Month Span Begins

November maintains its status among the top performing months as fourth-quarter cash inflows from institutions drive November to lead the best consecutive three-month span November-January. However, the month has taken hits during bear markets and November 2000, down –22.9% (undecided election and a nascent bear), was NASDAQ’s second worst month on record—only October 1987 was worse.

November begins the “Best Six Months” for the DJIA and S&P 500, and the “Best Eight Months” for NASDAQ. Small caps come into favor during ...

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3
NOV
2021

0

Almanac Update

Best Six Months, Best Three Months, DJIA, NASDAQ, November, post-election year, Russell 2000, S&P 500, Vital Stats, Worst Four Months, Worst Months, Worst Six Months

November 2021 Market at a Glance

Seasonal:

Bullish. November is the first month of the “Best Six Months” for DJIA and S&P 500 and NASDAQ’s “Best Eight Months.” It’s also the first month of the market’s best three consecutive month span, November to January. November is the best S&P 500, Russell 1000 and 2000 month of the year. Second best for DJIA and S&P 500. In post-election ...

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3
NOV
2021

0

Market At A Glance

DJIA, employment, Fed, fundamental, GDP, monetary, NASDAQ, rates, S&P 500, Seasonal, sentiment, technical

November 2021 Outlook: Best Months & Yearend Rally Begins

It looks as though the market has resisted Octoberphobia and averted the feared crashes or massacres that have given the month its bad reputation. More significantly for us though is the continuation of the return to normal seasonal patterns we began to see last month that had been off kilter through much of the pandemic. As you can see in the chart of the typical October pattern over the recent 21-year period stocks have tracked the seasonal pattern rather closely ...

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3
NOV
2021

0

Monthly Outlook

Best Months, DJIA, NASDAQ, NASDAQ 100, Q4, S&P 500, Seasonal MACD, Thanksgiving, Worst Months, Worst Six Months, Year-over-year gains

October 2021 Outlook: Market Likely Wards Off October’s Curse?

Well. Seasonality is back. Everyone in the financial media has been talking about September seasonal weakness lately. And here we are in September and the market has sold off around the 5% or so we projected last month. And it did so in the notoriously treacherous week after September quarterly options and futures expiration.

Then, as expected, traders and fund managers bought the 5% dip as they have throughout this bull market rally with the blessing of the Federal Reserve’s continuing ...

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30
SEP
2021

0

Monthly Outlook

4-year cycle seasonal pattern, Best Months, COVID-19, DJIA, NASDAQ, NASDAQ 100, pandemic, S&P 500, Seasonal MACD, Worst Months, Worst Six Months

October 2021 Market at a Glance

Seasonal:

Improving. October is the last month of the “Worst Six Months” for DJIA and S&P 500 and the last month of NASDAQ’s “Worst Four Months”. In post-election years October ranks mid-pack with average performance ranging from 0.9% (DJIA) to 1.4% (NASDAQ). Keep an eye out for the Official MACD Seasonal Buy Signal. It can trigger anytime on or after October ...

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30
SEP
2021

0

Market At A Glance

DJIA, employment, Fed, fundamental, GDP, monetary, NASDAQ, rates, S&P 500, Seasonal, sentiment, technical

Almanac Update October 2021: Resist “Octoberphobia”

October often evokes fear on Wall Street as memories are stirred of crashes in 1929, 1987, the 554-point drop on October 27, 1997, back-to-back massacres in 1978 and 1979, Friday the 13th in 1989 and the 733-point drop on October 15, 2008. During the week ending October 10, 2008, Dow lost 1,874.19 points (18.2%), the worst weekly decline in our database going back to 1901, in percentage terms. March 2020 now holds the dubious honor of producing the worst and ...

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30
SEP
2021

0

Almanac Update

Best Six Months, DJIA, First Day, Labor Day, NASDAQ, Octoberphobia, post-election year, Q3, S&P 500, Vital Stats, Worst Four Months, Worst Months, Worst Six Months

September 2021 Outlook: End of Q3 Has Been Challenging

Aloha friends. We’ve seen a lot these past two weeks in Hawaii from snorkeling with sea turtles and swimming in waterfalls on Maui to the southernmost point in the U.S. and Kilauea Caldera on the Big Island, then to surfing Hanalei Bay and hiking the Na Pali Coast in Kauai and now Waikiki Beach on Oahu for the last leg of the trip. We will be heading to Pearl Harbor National Memorial and Banzai Pipeline before heading home. We joke ...

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31
AUG
2021

0

Monthly Outlook

4-year cycle seasonal pattern, Best Months, COVID-19, DJIA, NASDAQ, NASDAQ 100, pandemic, S&P 500, Seasonal MACD, Worst Months, Worst Six Months

Author Archive

Seasonal:

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Seasonal:

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2
DEC
2021

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