The market dropped dramatically after January 1982, bottomed, and ended up rallying and starting the next bull market, ... We're not at all in the same part of the cycle right now. |
There also tends to be a broader July 4th rally, and then after that, a lot of lower volume and a flat-to-lower bias through the rest of the season. |
There aren't many consistent big summer stock winners. In our sector watch, biotech is the one sector that tends to perform well in the summer months, starting in August, and July tends to be the best summer month overall for the S&P 500 stocks. |
There tends to be a lot of housecleaning from institutions in September, |
There tends to be a lot of housecleaning from institutions in September. |
There used to be a New York Stock Exchange bias but the editors have become more progressive over the years. And in this age of a shrinking world, the Dow should represent a global economy, |
You're dealing with a seasonal period that's less favorable for markets and you're also dealing with end of quarter portfolio issues. |
Your long-term holdings you leave alone, but your shorter-term ones you may want to move. |