Lorenzo: I wish they would make another Up movie. Boulder: They can’t! The story was over at the end of the first. Jorge: Unless... the kid is the old man in the sequel. Lorenzo: Oh, that’s fun! That’s a good one!
The last 4 trading days of October and the first 3 trading days of November have a stellar record the last 27 years. From the tables below:
Dow up 21 of last 27 years, average gain 2.00%, median gain 1.40%. S&P up 23 of last 27 years, average gain 2.08%, median gain 1.50%. NASDAQ up 23 of last 27 years, average gain 2.64%, median gain 2.30%. Russell 2000 21 of last 27 years, average gain 2.24%, median gain 2.50%.
Many refer to our Best Six Months Tactical Seasonal Switching Strategy as the Halloween Indicator or Halloween Strategy and of course “Sell in May”. These catch phrases highlight our discovery that was first published in 1986 in the 1987 Stock Trader’s Almanac that most of the market’s gains have been made from October 31 to April 30, while the market tends to go sideways to down from May through October.
Our Seasonal MACD Buy Signal triggered October 8. Prospects for the usual yearend rally and the Best Six Months look encouraging.
Business head-shot portrait shoot coming up in Casper on Wednesday, November 3, 2021. We would love to help you with your marketing with new business portraits. Please contact us at 307-245-3882 or matt@idlerphoto.com to schedule.
