Tuesday, November 5, 2024

Bullish Novembers in Election Years Have Weak Seasonal Points │ Jeff Hirsch


The first 5-6 trading days are typically bullish, followed by weakness in the week before Thanksgiving. The DJIA and S&P 500 strength has shifted to mirror the NASDAQ and Russell 2000, with the most bullish days occurring at the beginning and end of the month.
 
 
 S&P 500 and Nasdaq average performance during the presidential election week.
 
S&P 500 Seasonal Pattern for November of the Election Year 2024.
Alternative approach: 4-Year Presidential Cycle in Line with the Decennial Cycle