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Seasonality: Go Away in Late August

Seasonality

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#1 Rogerdodger

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Posted 30 July 2022 - 10:28 AM

July seasonality has been up for several years in a row recently.

$SPX was up over 9% this July.

However, you might want to be wary of August

Mike Burk's stats on the 2nd presidential year August are not positive, especially late August.

Stockcharts overall August going into September & October also looks weak. Stockcharts Seasonality LINK

 

PS: If you simply went "Away in May" this year and bought July 1st you would be ahead by 350 SPX points.

 

Seasonality.jpg


Edited by Rogerdodger, 30 July 2022 - 02:26 PM.


#2 K Wave

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Posted 31 July 2022 - 09:39 AM

Don't know how will affect markets, but am guessing going to make for an unsetlled environment as we head towards November

 

I have never seen a 13 strong approval for a president before. And only 9% among Indies....

 

https://www.zerohedg...-new-low-gallup

itensity%20biden.jpg?itok=fZ0d7wEr


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy