Nice reporting Schnipp's QuipsCNBC Pro! Don't fear December: Stocks usually see year-end gains, especially before a presidential election year cnb.cx/46GCxJK CNBC
Here's the S&P so far during Biden's Presidential Election Cycle versus the average path the S&P has taken during all prior election cycles since 1928.
Amazing how close the two are at this point closing in on the end of year 3. Almost up the exact same amount.
🇨🇳 Flows
China equity funds have experienced the largest inflow in 11 weeks, a sign of growing investor confidence and increased interest in the Chinese equity market
👉 isabelnet.com/?s=flow
h/t BofAML #markets #inflow #flows
#China #CSI300 #stocks #stockmarket #equities
$QQQ There is not much to say here. The market is in good shape, good breadth in a positive time of year. Watch for the McClellan Summation Index to continue up. If it reaches 500, that generally marks a major rally as noted. Sit on your hands!
The official Santa Claus Rally starts on Friday. It is the last 5 days of the yr and first two days of the next year.
Turns out, these 7 days are more likely to be higher than any other 7 days of the year, up 79.5% of the time.
Maybe you should believe. 🎅🦌🛷🎁
jc paretsHarry S Dent In 2008 he called for Dow 3800 which I covered in chp 4 of my 2011 Super Boom book forecasting Dow 38820 by 2025. Fear sells you know. Not buying it. Total bull ;)
🇺🇸 Return
From January to May of an election year, the performance of the S&P 500 index is often lackluster. However, as the year progresses, the market typically improves and delivers robust performance
👉 isabelnet.com/?s=return
h/t BofAML #returns #USelection $spx #spx
Typical Ides of March Low
Last 21-years market has tended hit its March low today on the Ides & then rally afterwards. Having avoided typical Feb/early March seasonal weakness this strength could already be factored in, and we could experience more chop and churn.
AI bull gains since Oct & will likely continue higher but momentum appears to be waning, pace of gains slowing. April & end DJIA/S&P “Best Six Months” quickly approaching. Going to begin shifting to a more cautious stance. Maintain 2024 bullish stance, but spring/summer weakness
They’re all in on it.
Bretton Woods 3 is a process, not an event” is something I say alot lately.
Here’s where that came from.
Originally started in Aug 2022, after a Zoltan write up (see pic) It hatched but was too crazy to talk about until recently. Now it can be.
Still
Best Six Months Ends in April
After 5 months of solid gains, are markets ready for a pause?
Bullish Presidential Cycle Sitting President Pattern flattens out the mid-February to late-March seasonal retreat considerably without 2020 in the average.
April is the final month of
5-Month Streak Looks Like A Secular Bull Market
Not only is it bullish for April & rest of year. When Nov, Dec, Jan, Feb & March are up stocks have been in a secular bull market that extended to at least the next year.
Note a touch of weakness in Q2-Q3 in Worst 6 Months & some