Historically, the “Worst Six Months” (WSM) of the midterm year has been weaker than WSM in all other years of the 4-Year Presidential Election Cycle, with Q2-Q3 of the midterm year being the weakest consecutive two-quarter combo of the cycle. August and September have historically been the worst two months of the year, though they rank higher in midterm years, but have still posted average losses in midterm years since 1950.
This has not been the case this year. Despite a ...Continue Reading →
At the open of trading today all the major indexes were all in positive territory, but by the closing bell only DJIA and S&P 500 remained in the green for the day, up 0.8% and 0.5% respectively. NASDAQ finished basically flat on the day after surrounding early-day gains in excess of 1%. Russell 2000 had the toughest day, closing down slightly less than 1.1%. This is a reversal of the trend that existed through much of June and the first ...Continue Reading →