Seasonal Biases

One of my pet hates is trading seasonal biases, they make no sense to me, but as much as I wish to deny their effect I cannot they are pretty clear and present so be warned.

I thought I would highlight two current seasonals, Thanks Giving which I see at +2 days we are due for a pullback which is today with the Asian markets have obliging.

holiday_thanksgiving

 

The other seasonal is December month which is the second most favourable month for the S&P500 since 1950.

seasonality_month_spx

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