Seasonality Trends For October 2019

Eighteen Sectors In October Join Market’s Start Of Positive Seasonality

eResearch |  This Month’s seasonality report shows that there are 3 hold-overs, 18 additions, and 2 deletions in October.

Adding this month: S&P/TSX Composite Index; S&P 500 Index; Dow Jones Industrials; NASDAQ; Russell 2000; Dow Jones Transports; Materials; Industrials; Consumer Discretionary; Consumer Staples; Health-Care; Financials; Technology; Banks; Biotech; Gas Utilities; Retail; Metals & Mining;

Deleting this month: VIX and Gold

Seasonality refers to particular time-frames when stocks/sectors/indexes are subjected to and influenced by recurring tendencies that produce patterns that are apparent in the investment valuation process. A seasonality study preferably uses at least 10 years of data.

The chart in the Seasonality Trends report shows the periods of seasonal strength for 28 market segments (sectors/indexes). Each bar indicates a buy and a sell date based upon the optimal holding period for each market sector/index.

Seasonal Positive Strength for the Market Segments in October

SECTOR/INDEX FROM UNTIL
S&P/TSX Composite 28-Oct 05-Jun
S&P 500 Index 28-Oct 05-May
Dow Jones Industrials 11-Oct 17-May
NASDAQ 09-Oct 05-Jan
Russell 2000 06-Oct 31-Dec
DJ Transports 02-Oct 08-Dec
VIX 18-Jul 12-Oct
U.S. Dollar Index 02-Aug 22-Nov
Energy 26-Sep 22-Dec
Materials 01-Oct 22-Dec
Industrials 08-Oct 22-Dec
Consumer Discretionary 07-Oct 22-Dec
Consumer Staples 01-Oct 22-Dec
Health-Care 08-Oct 04-Dec
Financials 07-Oct 22-Dec
Technology 09-Oct 22-Dec
Banks 08-Oct 22-Dec
Bio-Techs 04-Oct 24-Feb
Gas Utilities 07-Oct 22-Dec
Retail 01-Oct 22-Dec
Metals & Mining 03-Oct 22-Dec
Gold 27-Jul 10-Oct

You can access the full October Seasonality Trends report here: SeasonalTrends_100119

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About Bob Weir 3002 Articles
Bob Weir has over 50 years of investment research and analytical experience in both the equity and fixed-income sectors, and in the commercial real estate industry. He joined eResearch in 2004 and was its President, CEO, and Managing Director, Research Services until December 2018. Prior to joining eResearch, Bob was at Dominion Bond Rating Service (DBRS).