The NYSE reports that margin debt has reached an all-time high in February of this year and then began to decline in March and April (margin debt is borrowing to buy stocks). While this may sound like good news, margin… Read More ›
Seasonal Perspectives
The S&P 500’s Seasonal Indicator Turned Weak on April 3rd
The seasonal indicator is not a trailing momentum indicator. It is based on the examination of the historical price progression during the last 64 years, 14 years, and the last 16 cycles of the four-year election cycle. Below we have… Read More ›
The Stock Market’s Mid-Term Election Cycle Performance
“The Ides of March and the Summer of Discontent” If you take a look at recent history, the mid-term of the election cycle is the most dynamic year for the market on average. While the annual returns do not appear… Read More ›