April Powers
April is historically a great month for stocks. However, in mid-term election years like 2022, its just mediocre.
Seasonality: Sell Signal Triggers
Last week, the MACD line on the two of the largest and well followed US Indexes rolled over to sell signals. This ends the bullish 6-month period through April.
Friday Investment Talk: Billionaires, US Fed, and Seasonal Weakness
We count new Billionaires, while Biden sees room to tax. Jim Grant says the Fed is likely to get blind-sided. Seasonality hits a wall.
Seasonal Strategy Update: Election Years
Seasonality is problematic this year, likely due to the elections and politics around another COVID stimulus package. Still, time and history work for the strategy.
NASDAQ Positive Seasonal Streak Ending
NASDAQ Seasonality has changed to a more negative stance after today’s negative performance. Caution is warranted in tech stocks. Bonds can be added as summer months can provide weakness to stocks.