Market Outlook April 2019: End Q1 Consolidation Resolves Higher In April

April is the last month of DJIA’s and S&P 500’s “Best Six Months” of the year. As you can see in the accompanying chart of the “Pre-Election Year Seasonal Patterns” the major U.S. stock market indices have historically rallied quite sharply through April. Then DJIA in black and S&P 500 in green historically begin to move sideways at the beginning of the “Worst Six Months” (Sell in May) in May and June while NASDAQ in blue continues to run higher ...

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2
APR
2019

0

Monthly Outlook

$^GSPC, $^IXIC, $DIA, $QQQ, $SPY, 2019 Forecast, 4-year cycle, DJIA, Fed, January Barometer, NASDAQ, S&P 500, Seasonal, technical

April 2019 Market at a Glance

Seasonal:

Bullish. April is the best DJIA month since 1950, third best for S&P and fourth best for NASDAQ (since 1971). April is also the last month of the “Best Six Months.”

Psychological:

Uneasy. According to Investor’s Intelligence Advisors Sentiment survey ...

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2
APR
2019

0

Market At A Glance

$DIA, $QQQ, $SPY, DJIA, Fed, fundamental, GDP, NASDAQ, rates, S&P 500, Seasonal, sentiment, technical

March 2019 Market at a Glance

Seasonal:

Bullish. In March the market tends to perform better in the first half than the second half. In pre-election years March has historically performed better than average with DJIA and NASDAQ ranking climbing to fourth best (S&P 500 is unchanged). Russell 2000 March performance improves to third best.

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8
MAR
2019

0

Market At A Glance

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

Market Outlook March 2019: Rally Intact Pausing at Resistance & Seasonal Weak Spots

Since Christmas the market has ripped higher on supportive market internals, still solid overall fundamentals and improving technicals. In line with the Seasonal Market Probability Calendar (graphically represented on page 20 of the Stock Trader’s Almanac 2019 in the “February Almanac”) the market succumbed to usual February weakness after the first few days of the month and again around the Presidents’ Day holiday and again today on the usually bearish last trading day of the month.

As you can see in ...

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8
MAR
2019

0

Monthly Outlook

$^GSPC, $DIA, $IWM, $QQQ, $SPY, 4-year cycle, DJIA, fundamental, NASDAQ, S&P 500, technical

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, ...

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6
FEB
2019

0

Market At A Glance

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

January 2019 Market at a Glance

Seasonal:

Bullish. January is the third month of the Best Six/Eight, but it is the last of the Best-Three-Consecutive-month span. January is the top month for NASDAQ (since 1971) averaging 2.6%, but it has slipped to sixth for DJIA and S&P 500 since 1950. Pre-election-year Januarys have been exceptional (DJIA +3.7%, S&P 500 +3.9% NASDAQ +6.6%). The Santa Claus Rally ends ...

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3
JAN
2019

0

Market At A Glance

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

Posts Tagged 'technical'