Ep. 4 - 2 Key Signals Forecast Strong Gains for NASDAQ Stocks
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Today’s write-up offers 2 evidence-rich studies pointing to healthy gains ahead for the NASDAQ. The lagging group is getting an upgrade today.
If you’re like me and are hunting for positives in a sea of uncertainty, we’ve got you covered.
On August 5th, we logged 142 ETFs sold. This is one of the largest outflow days in recent years
I’ve updated the returns through yesterday. Whenever 125 or more ETFs are sold:
- 3-months later the NASDAQ jumps 12.8%
- 12-months later the NASDAQ rips 36.8%
- 24-months later the NASDAQ zooms 72.07%
And if this doesn’t get you excited, I’ve got another reason to own Tech stocks now.
It comes down to momentum. The month of September clocked a gain of 2.48% for the tech-heavy NASDAQ 100. This was the best September performance since 2013.
Turns out, strong Septembers are bullish omens for Q4.
Since 1984, the average gain for the NASDAQ in the months of October – December is a juicy 6.08%.
Not bad.
BUT whenever September gains at least 2%, the following 4th quarter climbs to 9.1%! Don’t fade strong September momentum.
Disclosure: This recap uses AI to better explore our post here:https://mapsignals.com/map-blog/2-key-signals-forecast-strong-gains-for-nasdaq-stocks/
Remember none of this is personal advice of any kind. This is for entertainment and informational purposes only.
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