Tomanyiron wrote:Seasonal strategies are having a hard time keeping up with these modern times.
bloobs wrote:Anybody wanna hear my terrifying prediction for the S fund this week?
Sure, what data are you basing your projections on? And are you going to make an exit before noon on Monday?
Specifically, I did a quick VXF share price analysis of whether an exit Monday or Tuesday (or Wednesday, as scheduled) would make a significant difference. Result? Inconclusive, based on VXF's price patterns for March 2020 and so far in June, either than the net sum will be some shade of a loss regardless.
Macroscopically, my layman's analysis is that market fundamentals have been shot for this month, and technicals are now following suit. If so, then what ammo does the market have left? The jobs report is coming this Thursday--the day before 4th of July holiday.
What factor am I missing in this equation to come to a different conclusion? That is the ultimate question I ask.