Seasonal:Neutral. February is part of the “Best Six Months,” but it is historically the poorest performing month of the six. February ranks #8 for DJIA, #11 S&P 500 and #10 for NASDAQ. Russell 2000 tends to outperform in February most likely due to carry over of the January Effect. Midterm Februarys have historically been better, but still only mid-pack for DJIA ...
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Seasonal:Bullish. January is the fifth best month for DJIA and S&P 500 since 1950. #1 NASDAQ month since 1971. However, since 2000, January has been notably weaker and in Midterm years average performance for DJIA and S&P 500 turns negative. Santa Claus Rally ends on January 4, First Five Days concludes on January 7 and lastly the January Barometer at ...
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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.
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 ...
Continue Reading → 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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Seasonal:Bearish. September is the worst DJIA, S&P 500, NASDAQ, Russell 1000 and Russell 2000 month. Average declines range from –0.4% from Russell 2000 to –0.7% by DJIA. In post-election years since 1950, September is still ranked no higher than #9 while average performance remains negative with only a modest improvement.
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Seasonal:Bearish. August is the worst DJIA and S&P 500 month during 1988-2020 and second worst for NASDAQ. In post-election years since 1950, August is still ranked no higher than #11 while average performance slips deeper into negative territory. The Summer Volume Doldrums historically span all of August as traders and investors escape the office and head out on vacations.
Seasonal:Neutral. July is the first month of the second half of the year and has the most bullish record in Q3. Post-election-year Julys rank #1 for DJIA, S&P 500 and NASDAQ. But July is also the first month of NASDAQ’s “Worst Four Months” and early July strength has a tendency to fade around mid-month. NASDAQ’s Mid-Year Rally ends on the ...
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Seasonal:Neutral. June is the last month of NASDAQ’s “Best Eight Months” and the second month of DJIA’s and S&P 500’s “Worst Six Months.” In post-election years, June is second worst for DJIA and third worst for S&P 500. NASDAQ and Russell 2000 have been stronger with average gains of 0.4% and 1.2% respectively.
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Seasonal:Neutral. May is the first month of DJIA and S&P 500 “Worst Six Months.” However, NASDAQ and Russell 2000 strength historically lasts through June. In post-election years, May has been a solid month. DJIA and S&P 500 have both advanced in May for nine straight post-election years.
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