Jeffrey Hirsch
Jeffrey Hirsch
looks minor second summer typical
Not really, as we've had a pretty typical first and second quarter. It looks like we'll see the traditional minor summer rally.
bull last markets
Most bull markets don't last as long as this one has.
bull correction former heels huge indicator minor seemed success
But that was just a minor correction on the heels of a huge bull market. The market's former success seemed to be more of an indicator that year,
best months november potential six start tempered
Seasonally, we're at the start of what should be the best six months of the year, but I'm cautious. There's still the potential for November to be OK, but I've tempered our outlook.
bias broader july lower rest tends volume
There also tends to be a broader July 4th rally, and then after that, a lot of lower volume and a flat-to-lower bias through the rest of the season.
automobile company industry remove represents sure
It's not inconceivable to remove GM. But I'm not sure if there is another automobile company that better represents the industry and the auto industry is here to stay.
focusing happening markets plans
Everyone is focusing on what's happening and making plans for where the markets are going to go.
leave
Your long-term holdings you leave alone, but your shorter-term ones you may want to move.
dealing favorable less markets period portfolio quarter
You're dealing with a seasonal period that's less favorable for markets and you're also dealing with end of quarter portfolio issues.
breaks event proverbial straw
An event like this can be the proverbial straw that breaks the market's back.
existing hurricane situation
I think the hurricane really just exacerbates an existing situation for the market,
best consistent july month overall perform sector starting stock summer tends
There aren't many consistent big summer stock winners. In our sector watch, biotech is the one sector that tends to perform well in the summer months, starting in August, and July tends to be the best summer month overall for the S&P 500 stocks.
age bias editors exchange global represent shrinking stock york
There used to be a New York Stock Exchange bias but the editors have become more progressive over the years. And in this age of a shrinking world, the Dow should represent a global economy,
tends
There tends to be a lot of housecleaning from institutions in September,