Another interesting article regarding monthly patterns.
Taken from the article by Jeffrey Hirsch.
"Throughout the history of the Stock Trader’s Almanac the stock market’s performance has been examined on a yearly, monthly, weekly, daily, and half-hourly basis to uncover trends and tendencies. Nearly a half century’s worth of research has confirmed time and time again that the beginning, ending, and middle of months, weeks, and days have significance.
Sunday, September 21, 2014
Still holding $RIG Mar2 and Mar16 calls which are up 100-200%. $shak settling nicely and I have plenty of time with Jun 45 calls
I am liking the set up for XLE a lot now and XBI I am hoping for some settling so I can board the train. Maybe within 1-2 weeks? Missed ...
Didn't make any changes Fri except close the GLD short as the miners + silver started showing strength and an oversold signal on the 2 h...