The election goes to dominate early November buying and selling so making strikes primarily based on seasonals is unwise. That stated, it is helpful to maintain them in thoughts because the mud settles.
- November is one of the best month for USD/JPY
- Greatest month for the Nasdaq
- Third-best month for the US greenback
- The November by way of February is robust for gold
- Second-best month for the S&P 500
- Second-best month for the MSCI world index
- Second-best month for the German DAX
- Greatest month for the Nikkei 225
- The ultimate month of the seasonal droop for oil. Seasonals impartial in Dec-Jan then strongly positve from Feb-June
Going into final November, the S&P 500 had declined for 3 straight months however that month marked a turning level because it recouped almost all of the features in what was the start of a five-month rally. This time, we’re coming into the month with higher momentum, although October was unfavorable for shares.