I’ve discussed many times before how the 1st trading day of
the month tends to be seasonally bullish. May has been one of the strongest
months, both based on total return and % profitable. In 2010 I published a chart that showed May 1 returns over time.
I’ve updated that chart below and included some stats.
Even with last year being a slight loss the 1st
day of May has demonstrated a seasonally bullish tendency over the years.
4 comments:
What about the second trading day of May. Does it reverse or continue?
According to "The Stock Trader's Almanac", the second day in May is also quite bullish historically.
Hi,
Great site! I'm trying to find an email address to contact you on to ask if you would please consider adding a link to my website. I'd really appreciate if you could email me back.
Thanks and have a great day!
Good morning,
I'm interested in speaking to you about your content. Please contact me at lee AT forexpros DOT com.
Thank you,
Lee
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