Why NASDAQ’s Gains Are A Disappointment
The run-up in Tech and the NASDAQ has been impressive, but their relative strength in recent months might be considered substandard from a “cyclically-adjusted” perspective.
Cycles: A Key “Window” Is Approaching
Next month kicks off the seasonally-weak phase of the stock market’s Annual Cycle: May-October. Overlaid on that is the statistically vulnerable stretch of the four-year Election Cycle: the “mid-point” of the Mid-Term Year. There’s a positive way to spin this mid-term malaise: The cycles imply that an ideal window for a major low is about to open.
Two Market Anomalies Intact: A Quantitative Review
We are entering the most bearish window among the potential combinations of the Presidential Election Cycle and the Annual Cycle.
A Quick Take On Time Cycles
We stop short of embracing any sort of fixed stock market time cycle, but it's statistically difficult to discredit certain calendar patterns.
Pinpointing The True “Mean Season” For U.S. Stocks
We turn our attention to the domestic equity markets to determine where market history has hidden its seasonal landmines.