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Last seasonally strong week: coming


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#1 Rogerdodger

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Posted 08 July 2023 - 10:38 AM

Mike Burk
.

The market has been following the seasonal pattern for the 3rd year of the Presidential Cycle pretty closely. 

Next week is the last seasonally strong week for a while. 

On average many indices see their yearly high in mid July during the 3rd year of the Presidential Cycle.

 

July-Seasonal.jpg


Edited by Rogerdodger, 08 July 2023 - 10:42 AM.


#2 pdx5

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Posted 08 July 2023 - 11:41 PM

But that is when we have a normal president. 


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

#3 Rogerdodger

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Posted 09 July 2023 - 10:16 AM

Presidents seem to simply be figure heads for whoever is behind the curtain pulling the strings.

 

The Washington Generals basketball team always lose to the Harlem Globetrotters.

It's just an entertaining show.

Both teams are paid by the same owner and ride home in the same bus, .