Note

The S&P 500 enters a very strong time of the year [Video]

· Views 22

The seasonal patterns in the world’s stock markets are well documented. One of the most famous seasonal patterns is the tendency of the S&P500 to gain over the final quarter of the year between the end of October and into year-end.

Over the last 71 years, the S&P500 has gained 55 times between October 27 and December 31. The average gain has been 3.90%. The largest gain was +15.38% and the largest loss was -12.24%. There is no guarantee that this seasonal pattern will repeat the gain this year. However, it is very helpful to notice when these strong seasonal patterns are in place.

Major Trade Risks: The main risk to this trade is a correction in stocks with many analysts still expecting a deeper correction more generally.


Learn more about HYCM

Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.

FOLLOWME Trading Community Website: https://www.followme.com

If you like, reward to support.
avatar

Hot

No comment on record. Start new comment.