Study: think FANG and stocks are dead? Think again
As you probably know, the stock market’s seasonality is weak from May – June.
However, the stock market has bucked this bearish seasonality this year. The S&P 500 has gone up every single month from April – July. When this happens, the S&P 500’s forward returns are bullish.
The NASDAQ has also gone up every month this year from April – July. When this happens, the NASDAQ also tends to go up in the next 6-12 months.
The stock market has ignored “sell in May and go away” so far. When this happens, the stock market has a VERY STRONG tendency to go up in the next 3-12 months.
Also, the “FANG is dead” crowd is probably wrong.
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