08/07/2021
Is the Up in July and Down in August trend in the stock market groundless?
😁 I believe that many of the friends who follow our HOMILY CHART Facebook package are experience folks that have been through the ups and downs in the sea of stock markets for many years. Can you raise your hand or indicate like me to let me know 🙋?
😎 If so, I'm sure you've heard of the stock market proverb so called "Up in July and down in August". 🤨 If you haven't heard of it, then you are OUT of the game. Come on and follow the editor to enrich your knowledge. 😎
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💹 From a macro perspective: In July, the performance forecast of listed companies shall begin, the companies with impressive performance will naturally announce the half-yearly performance growth report preemptively. Prior to the annual report and semi-annual report of the listed companies are being forecasted or published, there is a wave of amplitude and a range of big or small performance speculation.
🈯 Statistically speaking: the editor has compiled the Singapore Straits Index from 2011-2020, ten years of the ups and downs statistics in July and August for reference. Let's look at the following chart:
📊 If you don't look at it you will never come to know, 😂 and you will be surprised at one glance of the chart as shown above. You can see that the probability of a rise in July is as high as 70%, and the probability of a fall in August is exaggerated to be 90%, which is so close to 100% 🤦.
🤭 Therefore, from both macro and statistical perspective, up in July and down in August is not invalid. 🤔 Then, how do we deal with it? How to grasp the opportunities and challenges presented in July? 🆓 hurry up and click on the link to contact us for a free experience course and learning together
https://wa.me/message/ZRJRKFUQV6OZA1
㊙️ If you want to know how the U.S. stocks market has risen and fallen between 2011-2020 in each of the month of July and August,
🆓 please also click the link to contact me:
https://wa.link/lzluh0
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