Today is a good day to revisit the stock market seasonality chart. I've recentered it on January 1 to give a better view of the coming months. There is a modest local low on November 20, marked on the chart by the "You are here" sign. From there we see strong positive seasonality through the end of the year; then slower but still positive movement January through March, followed by strength in April and May.
The market didn't follow the seasonality script during the summer. There is no guarantee that it will do so this holiday season. This is just another datum in our collection, to be pondered and considered with all the others.
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