Market Sci blog published two research posts yesterday, when it comes to seasonal effects in our markets.
Generally, Decembers have always outperformed all other months of the year. However, what’s interesting is that when Jan-Nov months are in an uptrend (which is how the Philippines have been trading at), we’re likely to finish stronger. If Jan-Nov months are not up YTD, December isn’t going to perform. Well, above is a statistic that takes into consideration the US Markets. You can go take a look at it, and make better decisions with data.
Also, another good statistic to know upon making your bets with the markets (if you’re inclined to use historical statistics as a helpful probability in making trading bets) is the fact that we’ve been experiencing “all or nothing” days. This means, we’re up very positively , or we’re down very negatively and not much in the “in-betweens”. It’s literally a “pula or puti” kind of market.
(Data courtesy of Bespoke)
Still though, most market veterans will always say past results don’t forecast the future.