Friday , 22 September 2023

Early November Is An Especially Good Time To Accumulate Quality Stocks – Here’s Why

…November been the second-best month in the S&P 500 since 1950, the bestinvesting-hold-buy-sell month for the Russell 1000 and third best for the DJIA since 1950 and for NASDAQ since its launch in 1971…In election years since 1952, November has been the #1 month in the DJIA and #2 for the S&P. As such, early November provides investors with an especially good time to accumulate quality stocks.

The comments above and below are excerpts from an article by Gary Alexander (Navellier.com) which may have been enhanced – edited ([ ]) and abridged (…) – by  munKNEE.com (Your Key to Making Money!)  to provide you with a faster & easier read.  Register to receive our bi-weekly Market Intelligence Report newsletter (see sample here , sign up in top right hand corner.)

In the last 20 years (as this Bespoke chart shows), November is second only to April in market gains.

Standard and Poor's 500, NASDAQ, Russell 100, and Dow Jones Industrial Average Market Gains Bar Chart

Expanding out to the next six months, November marks the beginning of the S&P 500’s best six months.

Here are the last seven years of the current bull market, in which the cold months beat the warm months:

Last Seven Years of the Standard and Poor's 500 Current Bull Market Table

In the first six years of this bull market, the November-April half-year segment outpaced the May-to-October months.  This is not to say I align with the “Sell in May and Go Away” crowd.  After all, that trend reversed over the 12 months, with May-to-October winning.  What these data mean, to me, is that early November provides investors with an especially good time to accumulate quality stocks.

Editor’s Note: There is no longer the need to “surf the net” looking for the most informative financial articles available. My Facebook page has the BEST financial articles on the internet – bar none! Check it out. I guarantee you will not be disappointed – and don’t forget to “like” or “love” those articles of particular interest to you so I can give you more of the same.