April is the month with some of the strongest seasonal patterns of the year. We take a look at some of the seasonal patterns that stand out in the forex market and elsewhere.
#3: Stock up in April
April is the best month for the S&P 500, averaging a 2.6%. The pattern is even stronger over the past decade at +2.8%.
Even during the crisis, the market gained every year in April. It’s the same with most major indexes including my favorite for 2014, the Italian MIB, which has averaged a +3.0% gain in April over the past decade despite its 22% total decline.