Investing Made Easy – Monthly Indicator !!
Stock market can be a confusing place most of the times. Wouldn’t it be nice if we had some rock solid indicator to show us the way ? How about a S&P 500 monthly market indicator showing past 6 decades ?
The chart indicates green for 10 of the 12 months, the month of December being the best. The month of September has been disasterous and i would definitely keep away during that period. Interestingly the month of October has a pretty good upward jump.
Conclusion: Seasonal tendencies in the market are always good to be aware of. The month of February has started positive. However if the chart holds true, we might see some drop towards the end of the month.
Recommendation: Historical data over such a large period of time can be a helpful indicator for future trends. This being the month of February, as per the chart trade cautiously.
Source: Ticker Sense