Seasonal Reasons For A Bullish Spring

Above is a month-by-month seasonal chart for the S&P 500 from 2009 to the end of 2019. The chart shows us how often the SPX has a positive return in each month over that 11-year history. If you go back further, much of the same pattern exists with a few variations. One consistent seems to be the period between February and May. In April, the SPX has made positive returns very consistently (91% of the time!). This tendency has been seen on longer termed horizons as well. Technical...