April - A time to get aggressively long?
April has been anything but an April Fool's for the longs in recent memory. Looking back in time since 2006, we have had 9 winning months and 1 losing month of April with an average return of 2.94%. The only losing month came in 2012, with a loss of .75%. Here's a look of the returns by year since 2006.
2006 - .59%
2007 - 4.33%
2008 - 4.46%
2009 - 9.98%
2010 - 1.32%
2011 - 2.57%
2012 - (.75%)
2013 - 1.81%
2014 - .53%
2015 - .86%
With the FED clearly dovish and stalling to raise interest rates further we look primed to have another month of positive returns in April. Trade with a plan and trade well!
Rob
No comments:
Post a Comment