Posts Tagged 'Best Six Months'

May 2020 Outlook: Down “Best Six Months” Warning Sign

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 500 since April 1. The slower MACD Sell indicator turned positive March 26 and remains in an uptrend and has not issued a new sell signal yet. At this point it would ...

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Almanac Update April 2020: Can Top Month Curtail Market Rout?

The first trading day of April and the second quarter, has enjoyed notable strength over the past 25 years, advancing 18 times with an average gain of 0.40% in all 25 years for S&P 500. However, four of the seven declines have occurred in the last seven years. Other declines were in 2001, 2002 and 2005. DJIA’s record on April’s first trading day matches the S&P 500, 18 advances in 25 years. NASDAQ recent performance is slightly weaker than DJIA ...

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