Articles By: Jeffrey A. Hirsch
Copper has a tendency to make a major seasonal bottom in December and then a tendency to post major seasonal peaks in April or May
How about that Jobs market? Wahoo! Good news indeed for the market today.
Market Declining Sets Up Santa Rally & Jan Effect
However, as of today’s close DJIA is up 21.8% year-to-date this post-election year
30-year Treasury bond prices to peak in mid-November to mid-December and then start a decline lasting into April
Investor sentiment, by many metrics, has become excessively bullish again
Gold prices tend to move up prior to the holidays, and the trend has worked especially well over the last 13 years
Oil comes into favor in mid-December and remains so until the beginning of July (yellow box in chart below).
Apparently today’s U.S. GDP report, which showed the economy growing at a 2.8% annualized rate, is renewing fears that the Fed will taper bond purchases.
For most of this year India-related ETFs have struggled as traders and investors quickly exited the country due to growth, inflation and currency concerns.