Friday, February 1, 2013

Nasdaq Negative in February Every Post-Election Year Since 1985

Stock Trader's Almanac has this to say about February:
  1. Since 1950, January $SPX gains of 2% or more corrected or consolidated in February 67.9% of the time. 
  2. In the 19 years that $SPX gained 4% or more in January, 68.4% of the time it declined or finished flat (less than 1% gain) in February. 
  3. February’s post-election year performance since 1950 is miserable, ranking dead last for DJIA, $SPX, NASDAQ, Russell 1000 and Russell 2000. 
  4. NASDAQ has not posted a post-election year February gain since 1985.