Monday, October 29, 2007

First Months of the Quarter Tend to be Bullish

According to the Stock Trader's Almanac, 2007, the first month of each quarter tends to be bullish:
Quarter: 1st month average percentage change, S&P 500, 1950-June, 2006:
I (Jan) 1.4%
II (Apr) 1.3%
III (Jly) 0.9%
IV (Oct) 0.9%

Average: 1.2% v. 0.06% average for month #2 and 0 .17% month #3.
- Stock Trader's Almanac, 2007

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