Posts Tagged 'rates'

Market Outlook August 2019: Ripe For A Seasonal Pullback

Major U.S. stock market indices continue to track historic seasonal patterns and the historical seasonal pattern for Pre-Election Years quite closely this year and that suggests it is likely to continue to do so. The Dow, S&P 500 and NASDAQ have just logged new all-time highs and while that is bullish for the year as a hole and the second half in general it does indicate that we are ripe for a seasonal pullback.

As you can see in the accompanying ...

Continue Reading →
0

Market Outlook July 2019: Big June Gains Hazardous for July – Worst 4 Months Prep

As you can see in the accompanying chart the U.S. stock market has been tracking rather close to the historical seasonal pattern for Pre-Election Years. As we have pointed out here the past several months, outsized gains are to be expected this year based on the Pre-Election Year pattern illustrated in the chart, especially following our positive January Indicator Trifecta. But we have also warned these gains would not come without pause and correction.

After the third best first-four-month start to ...

Continue Reading →
0

May 2019 Market at a Glance

Seasonal:

Neutral. May officially marks the beginning of the “Worst Six Months” for the DJIA and S&P. To wit: “Sell in May and go away.” But NASDAQ’s “Best Eight Months” last until June. In pre-election years, May can be challenging ranking #10 for DJIA and S&P 500 with fractional average gains. NASDAQ has been stronger, ranking #7 with an average advance of 1.9%.

Continue Reading →
0

February 2019 Market at a Glance

Seasonal:

Bullish. February’s long-term track record is mixed. In all years February ranks no better than seventh. However, in pre-election years, February’s performance generally improves with average returns all turning positive. NASDAQ performs best, gaining an average 2.8% in pre-election-year Februarys since 1971. Russell 2000 is second best, averaging gains of 2.5% since 1979. DJIA and S&P 500, the large-cap indices, tend to ...

Continue Reading →
0

Market Outlook February 2019: Market Internals Support Rally & Solid 2019 Gains

The Dow posted a 7.2% gain for the month of January – not only its best monthly gain in the past three months, but its best January since 1989. S&P 500 outpaced the Dow with a 7.9% gain for the month – its best January since 1987, scoring our third January Indicator Trifecta in a row. Further details on the bullish implications of the January Indicator Trifecta can be seen here “January Barometer 2019 Official Results.

NASDAQ stocks ...

Continue Reading →
0
Page 1 of 3 123