Summary: The US stock market has historically risen more during the November to April period than the May to October period. Australia typically lags America by one month, but rebounds in July and August, making it more complex to use seasonal patterns to time share index funds.
Key take-out: Trend-tracking and momentum-measuring systems offer another way to time the market, since using set seasonal formations is hazardous.
Key beneficiaries: General investors. Category: Shares.