One for the notebook
The S&P500 has had a very good end to November over the last 10 years. In the last decade the S&P500 has gained eight times out of the last ten times. Here is a run down on the detail.
As well as a success rate of 80% the max drawdown for a long trade taken on 21 November has been -2.88% and that was in 2011. The maximum rise was +5.30% and that was in 2018. The average profit for trades taken at this time was +1.89%. With a US stimulus package still to come a pullback on the S&P500 could be a great time to potentially make a profit from this seasonal pattern. Here is a breakdown of the detail:
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