Kobeissi Letter highlights November's historical seasonal strength
2 Nov 2 2:18 PM · 11d ago · 1 post · 1 source · development 2 of 2
A widely shared post from @KobeissiLetter cites data since 1980 showing the S&P 500 averages a 2.1% gain in November with a 74% historical hit rate, framing the month as the market's strongest seasonal period.
“Since 1980, the S&P 500 has rallied +2.1% on average in November, making it the strongest month of the year.”
@KobeissiLetterInvesting.com Financial news outlet@KobeissiLetter Financial commentary account
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Markets are heading into their strongest seasonal period of the year: Since 1980, the S&P 500 has rallied +2.1% on average in November, making it the strongest month of the year. Over this period, positive returns occurred 74% of the time, the best hit rate of any month.
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