Two thirds of August trading days are behind us but the month is not playing up to its reputation so far. Bucking the History: Stock Trader’s Almanac notes that over the past 61 years, August has been 10th best month for Dow Jones Industrial Average and NASDAQ or in other words, third worst. August is 9th best for…
Weekly Pivots: Dow S&P500 NASDAQ DJTRA R2K FTSE DAX Previous 13,208 1,406 3,021 5,064 802 5,847 6,945 Open 13,205 1,406 3,018 5,062 801 5,847 6,936 High 13,281 1,419 3,077 5,195 820 5,876 7,041 Low 13,113 1,397 2,999 5,025 792 5,811 6,882 Close 13,275 1,418 3,077 5,194 820 5,852 7,041 Change % 0.5% 0.9% 1.8%…
Market At A Glance: On Wednesday, global equity market maintained their upward posture notwithstanding early downward pressure. The US futures were trading lower in the pre-market session. But they made low for the day in the first few minutes of trading and then moved up closing in the upper half of the day’s range. For…
Stock Trader’s Almanac provides very valuable analyses and interpretations of historical data. It has also developed many trading strategies based upon seasonal patterns in the commodities and equity markets. One such idea is a seasonal long trade in 30-Yr Bond starting in late April and holding for nearly four months. Buying Treasury bonds is a…
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