Home > Seasonality  

 

 

Just as moon phases impact tidal activity, there are consistent forces at work in the equities markets.  Not all of them are understood, but they include mutual fund flows, options activity, weekend exposure effects, etc. 

Some of these seasonality biases occur with considerable consistency, and it pays to be aware of them.  New charts and data will be added continuously, so please check back often.  Scroll down to the bottom for external research on seasonal influences.

Click on the bias below to see the desired chart.  Your browser must support frames to view some of them.

For seasonality on commodities, see the list of commodity indicators.

For the Seasonality Calendar, click here.

 

 

Performance Around Official NYSE Holidays   New Year's Day MLK Jr. Day President's Day Good Friday Memorial Day Independence Day Labor Day Thanksgiving Day Christmas Day	Performance by Day of Month (Data)   January February March April May June July August September October November December Average of all months
Performance by Day of Year (Data)	Return by Day of Week
Return by Month (S&P 500)	Return by Month (Nasdaq Composite)

 

 

External seasonal research:

• Intraday seasonality

• When Markets Bottom - Day Of Week    Time Of Day

• Sell In May Is A Valid Strategy (Research paper, July 1, 2012)

• A tale of 2 seasonal investors (best six months phenomenon)

• Lunar cycle and stock returns

• Seasonal Affective Disorder and the Halloween indicator

• Weather and the stock market

• Cloudy days and stock market returns

• Pre-FOMC announcement drift

• Rotate your stocks in October

• Stocks perform much worse when Congress is in session

 

 

 

top of page