April is the cruelest month as T.S. Eliot famously once said.
April also marks the end of the U.S. stock market’s so-called “best six months.” Historically, investing in the Dow Jones Industrial Average from November 1 through April 30 and then switching into fixed income for the next six months has consistently delivered reliable returns since 1950, according to the Stock Trader’s Almanac.
The daily chart of the S&P 500 (SPX) shows a market that has turned sideways in the very short term. Since March 7, action has turned consolidative between roughly 1885 and 1840. What’s next? Will another strong upleg emerge? Will the consolidation break down into a pullback? Stay tuned here at TraderPlanet for fresh market analysis and commentary every day.
Here’s a look back at top stories from March.
The Markets
Trading Thrills: A Hazard To Your Financial Health by Kate Stalter
Surge In Interest For This Initial Public Offering Market ETF by Andrew Thrasher
ETF Play: Seriously What’s Going On In Turkey? By Charles Sizemore
The Car Dealer Model Is Disappearing—Hello Tesla by Kenneth Reid
Will Castlight Health’s Initial Public Offering Shine? By Dennis Hobein
Getting Technical
Use On Balance Volume To Follow The Smart Money by Jason Eyerly
Tweak The Trend: Enhance Returns With StochRSI by Bob Conklin
Your Money
Real Estate Investing: Doing The Rehab by Tim Kosen
Thank you to our authors for their contributions, and thank you to our readers for your comments. Good trading.
