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Poor seasonality, narrow leadership with a question mark, earnings ahead and a split model tells me to tighten sails. All in all market action has ceased to be convincing. Thanks!
Your seasonality chart is for AAPL, I just double checked it, just figured I would point that out! SPY looks significantly worse than AAPL going into this part of the year
You are correct. I'm looking at the correct one now but don't believe I can post it here. Jly and Appr are tied for the seasonally strongest month of the year for SPX over the past 20 years. Aug and Sept are tied for the second weakest month of the year.
👀 See what better financial charting can do for you!
Start your FREE 1-month trial today at stockcharts.com
👍🏻 If you enjoyed this video be sure to hit the THUMBS UP
✅ If you found value, consider SUBSCRIBING to our channel and ring the bell so you never miss a new video! Subscribe Here: tinyurl.com/wvet7qj
Some of the very best no nonsense analysis on markets all of the time
Poor seasonality, narrow leadership with a question mark, earnings ahead and a split model tells me to tighten sails. All in all market action has ceased to be convincing. Thanks!
Your seasonality chart is for AAPL, I just double checked it, just figured I would point that out! SPY looks significantly worse than AAPL going into this part of the year
You are correct. I'm looking at the correct one now but don't believe I can post it here. Jly and Appr are tied for the seasonally strongest month of the year for SPX over the past 20 years. Aug and Sept are tied for the second weakest month of the year.