The Fed meets on May 03 and there is an increasingly bearish attitude to stocks and the prospects of further gains in stocks are viewed nervously. Despite these bearish projections April has been a strong month for some of the major indices.
The S&P500 has been able to make gains of 0.82% and there are still 10 days of the month left. So, with bearish analyst reports, worries over higher rates, a tightening of credit conditions, and geo-political concerns bubbling away what can the seasonals tell us? Quite a lot. The old saying ‘sell in May and go away’ is marked on the seasonal chart. May has been a negative month over the last 95 years, so will this time perfect for the Fed meeting? Will the Fed push back against the market’s hope of rate cuts this year? Will that be the catalyst that sends stocks lower?
Major Trade Risks: The major risk here is if the rate decision contains a dovish surprise which makes markets once again expect a pause from the Federal Reserve Remember, don’t just trade it, but Seasonax it!
Disclaimer: Past results and past seasonal patterns are no indication of future performance, in particular, future market trends. seasonax GmbH neither recommends nor approves of any particular ...
Disclaimer: Past results and past seasonal patterns are no indication of future performance, in particular, future market trends. seasonax GmbH neither recommends nor approves of any particular financial instrument, group of securities, segment of industry, analysis interval or any particular idea, approach, strategy or attitude nor provides consulting nor brokerage nor asset management services. seasonax GmbH hereby excludes any explicit or implied trading recommendation, in particular, any promise, implication or guarantee that profits are earned and losses excluded, provided, however, that in case of doubt, these terms shall be interpreted in abroad sense. Any information provided by seasonax GmbH or on this website or any other kind of data media shall not be construed as any kind of guarantee, warranty or representation, in particular as set forth in a prospectus. Any user is solely responsible for the results or the trading strategy that is created, developed or applied. Indicators, trading strategies and functions provided by seasonax GmbH or on this website or any other kind of data media may contain logical or other errors leading to unexpected results, faulty trading signals and/or substantial losses. seasonax GmbH neither warrants nor guarantees the accuracy, completeness, quality, adequacy or content of the information provided by it or on this website or any other kind of data media. Any user is obligated to comply with any applicable capital market rules of the applicable jurisdiction. All published content and images on this website or any other kind of data media are protected by copyright. Any duplication, processing, distribution or any form of utilisation beyond the scope of copyright law shall require the prior written consent of the author or authors in question. Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.
