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Recommendations: 1
We are in the midst of the historical "pits" for the market in general for the worst monthly performance of the yr. Not guaranteed of course. Oct is what the typical Joe on the street will tell you is the worst month. Sept factually has been the month in recent decades. As the market has been a forward looking creature, this chart shows that response gravitating to late Aug for the norm for the past 5 yrs in general.
http://tinyurl.com/fsr2v
Somewhere down the road, look for Oct to regain the lead as the forerunning plays out.
Another characteristic, the Jan-Apr rally, followed by the sell in May market litany, has failed the seasonality gurus as is generally shown in the chart above.
So, late Aug this year appears to again have been a good time to "Bet the Farm". The previous 5 yrs on average have had a great seasonal run from late Aug thru early Jan. This trend again appears to be intact. Almost looks as if "Sell In Feb and go away" is more current.
So, the point of this rambling is that if you generally agree and are inclined to place wagers on LEAPs, now might be a good time to do so.
JMHO of course. The general disclaimer applies about doing your own DD before investing your own funds.
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