%% LOL/much better than red loss. I'm wanting to do FNGD again , but it needs to get >>$100. Or maybe TQQQ in NOV\ if this bear is like 2018 bear. I missed all the up2018 NOV, but that was counter trend so \no big loss
No I want you to come up with some evidence to back up your claim that October is a sweet spot for a rally. It's your statement. You are the one who needs to back it up with evidence instead of just flinging it out there for showing off. If all it takes is just a simple google search, why don't you do the google search? It's because you know you can't. Whatever you said is pathetic bullshit, there is no evidence not even from google or anywhere that you can find to back up your claim that October is a "seasonal / cyclical sweet spot for a rally". In fact, we just had a huge down day today and there will be more to come next week. Troll somewhere else!
Seriously, dude. You are the one trolling. As I indicated, you don't want to admit there might be seasonal and cyclical trends that go against your bias.
If it's a bias, I imagine the odds are not 100 %. So, how strong is the bias? And what if you filter your dataset on the indices currently in a bear market. Is the bias still there? I can also use statistical data like this, but I'm wary of looking at this year through the lens of the last 10-15 years. Fundamentally, nothing seems to have changed that should warrant anything other than a short lived rally (which I can easily see happening this week).
Maybe but if we get the usual Nov/Dec rally you might want to ask yourself why you so easily dismissed the possibility in October, The negative sentiment these days is way over the top. Consider that JPM got dragged down as low as $101 before earnings as analysts kept harping on about how badly these banks will do. And boom they had record earnings on something about interest and not a single "expert" talked about that for weeks. Stock is now $117 a few days later. BAC also seems healthy today. I seriously considered buying JPM pre-earnings. All the negative noise and premarket fake outs distracted me from doing so; some of the so called experts don't know shit about the banks it seems.
Thanks for the assist! One is basically dismissing years of market history and seasonal and cyclical tendencies by not considering the potential of a rally the remainder of the year. https://www.cnbc.com/2022/10/14/now-is-a-sweet-spot-for-stocks-says-market-historian.html