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Presidential year 2: Stinking Seasonal pattern

Go Away In May

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#1 Rogerdodger

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Posted 08 January 2022 - 07:14 PM

Last week was seasonally a good week for the stock markets, even in the 2nd year of a new President.

It wasn't this year.

 

Shutdown fears and horrible jobs numbers will do that.

The MACD of $NYUD shows a potential "T" top around the 12th (Weird Wally Wednesday)

I have seen surprise rallies at the end point of T's.

CNN'S Fear and Greed index is neutral at 52% bulls.

AAII Sentiment is also fairly neutral.

McSum is trying to roll over.

The NYSE continues to look toppy but it made another monthly all time high before pulling back to a positive $2.15 change for January thus far. The current price is below the highs of the last 3 months.

 

Mike Burk's data shows that the second Presidential year is the one where you "Go away in May" (mid April).

So I'm thinking that any WWW rally would be short-able for a trade.


Edited by Rogerdodger, 08 January 2022 - 09:33 PM.


#2 Russ

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Posted 08 January 2022 - 11:47 PM

I have a signal on the S&P 100 for a low around April 20th, 2022.

 


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#3 pdx5

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Posted 09 January 2022 - 12:17 AM

"I have a signal on the S&P 100 for a low around April 20th, 2022."

 

I have to sell in early April to generate cash to pay fugly big capital gains tax on April 15.


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#4 Russ

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Posted 09 January 2022 - 12:52 AM

"I have a signal on the S&P 100 for a low around April 20th, 2022."

 

I have to sell in early April to generate cash to pay fugly big capital gains tax on April 15.

Why would you want to sell near the bottom?


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/