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As April approaches, analysts are optimistic about the stock market's performance, particularly for Bitcoin (BTC) and the S&P 500 ($SPX). Historical data suggests that April has been a favorable month for BTC, with an expected positive outcome 57.14% of the time and an average gain of 18.39%. The S&P 500 has also shown resilience, being up 16 of the last 19 Aprils, with an average gain of 2.1%. Additionally, the EFA index has performed well in April, gaining 2.5% on average since 2006. Analysts note that the Nasdaq has historically been the strongest performer in April, particularly in post-election years, with average gains of 2.6%. The overall sentiment indicates a bullish outlook for the markets as they enter this historically favorable period.
🚨 Heisenberg Observation 🚨 Since 2006, the $SPX was positive 16 of the last 19 Aprils. Seasonality favors the bulls big time here. However, the only issue is 2 of those 3 red Aprils occurred within the last 3 years and they were DEEP reds. So pick your poison.
Some seasonal nuggets from the Q2 outlook we just published at Optionshawk...April is the best month on avg for the Nasdaq since 1971. Returns have been even stronger during post election years with average gains of +2.6% for Nasdaq. This is more so the case after a weaker
Just love the setup for markets heading into April with retest of the lows on deck amid crazy bear sentiment and likely seasonality squeezing things higher into mid month. Looking at the 1st month of each quarter stats from @AlmanacTrader can see how key those January/April/July https://t.co/pZEh1uwIZZ
