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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.
 
 
 November Performance in “All Years” (1930-2015) and “Election Years” (1932-2012) 
 
November Market Performance (2001-2021) — Jeff Hirsch,  October 20, 2022.
 
 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.