RE: Rocktober 2022! Let's Goo!!6 Oct 2022 12:35
Its time to LOCK IN boys!
I have been looking at monthly and daily average returns for S&P index! Rocktober and November produce the highest returns. Lowest positive return for October was 2.64% and highest at 18.48% in the last 21 years!! November is very similarly to October. >85% of the time November produces positive returns. If you take out 2018, November has only four negative months in 21 years. Wow! The highest nagetive year was 2008 for both months.
I then looked at daily average returns from 1950 to current date ( last 72 years) for S&P index! The first week and last week are best performing weeks for October. Also first week of November is probably the best week of the year in terms of returns. Five big positive days to start the month of November. And from 23rd to 30th of November we have all positive daily. Lots of money moving into stocks. December is also great. I like it from 20th December to 31 st December! So Q4 is great to buy and hold.
What does all mean for VAL? Well, it means there is a lot of money moving into the market this and next month. This is very consistant over the last 72 years. We get some news this and next month I think we could see new highs before Xmas!
This is also great news for VAL 201. As this and next month are "risk on" months. Investors/traders like to put money to work! Maybe this was the reason why TheoremRx only asked for two months when they signed the letter of intent on 2nd November 2021. They know lots of money was moving into the market during this period! Easy for them to get some.