**NEW** As part of the ongoing process to offer new and up-to-date information regarding seasonal and technical investing, we are adding a section to the daily reports that details the stocks that are entering their period of seasonal strength, based on average historical start dates.
Stocks highlighted are for information purposes only and should not be considered as advice to purchase or to sell mentioned securities. As always, the use of technical and fundamental analysis is encouraged in order to fine tune entry and exit points to average seasonal trends.
Stocks Entering Period of Seasonal Strength Today:
EQT Corporation (NYSE:EQT) Seasonal Chart
The Markets
We will be taking a break from our daily reports for the next week and a half, therefore commentary will be limited. We will continue posting seasonal charts of companies reporting earnings as well as stocks/sectors entering their period of seasonal strength. Regular reports will resume on Thursday, October 23rd as we prepare for the period of seasonal strength ahead for equity markets.
Sectors and Industries entering their period of seasonal strength:
Albeit not an equity sector, the Australian dollar enters a period of seasonal strength that runs through to the start of November. The currency also gains on a seasonal basis between mid-March and early May. The seasonal profile of the currency very much resembles that of the broad equity market due to the cyclical exposure that the Australian economy has within the global marketplace.
Seasonal charts of companies reporting earnings today:
S&P 500 Index
TSE Composite
