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The beginning of July on Wall Street according to the market model (traders.lt)

Liepos pradžia Volstryte pagal rinkos modelį (traders.lt)

Again, analysts provide us with new analytical information that is based on past patterns. So, the beginning of July on Wall Street according to the market model.

After the first week of July, it is safe to say that the major Wall Street indexes are following a statistical pattern that makes the first two weeks of this month the best two weeks of the year.

The broad U.S. stock market index S&P 500 rose about 2 percent last week, while the tech-heavy Nasdaq 100 rose about 4 percent. Therefore, during the first week of July, statistically, the result of two weeks has already been achieved with a certain margin.

The S&P 500 is up 0.2 percent and the Nasdaq 100 is up 0.3 percent since the start of the week.

It is also worth adding that statistically the worst period of the year begins at the end of the first two weeks of July and continues until September – October. This year there is another factor – the US presidential election.

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