Yang358

S&P 500 Joe Biden's Bull Run

Yang358 Aggiornato   
SP:SPX   Indice S&P 500
1. Biden's bull market benchmark, in terms of gross returns, is Clinton, who watched the S&P 500 index double between 1996 and 2000, according to data compiled by strategist John Normand at JPMorgan.

2. Normand says the initial conditions of a presidential term can determine the market potential of the next administration, given the mean-reverting nature of the business cycle and some asset valuations.

3. Thus a president who takes office during a recession or soon after one, when equities and credit are cheap to their long-run average, is more likely to preside over an economic expansion that delivers above-average gains on risky markets," he says.

(src: Financial Review Nov 11, 2020)
Commento:
4. After breakout resistance level 3764.84 (3851.86 +52.94 1.39% NY time zone 20 Jan 2021) next resistance level is 4136.15

5. Based on visual analysis, these are key important dates: 03 Feb 2021 Wed, 24 Feb 2021 Wed, 26 April 2021 Mon, 13 May 2021 Thu, 8 June 2021 Tue, 12 July 2021 Mon, 20 Aug 2021 Fri.

6. This is not an advice to buy or sell as only time will tell this analysis is true or false.
Commento:
7. Lunar Effect. A study of 13,029 motorcyclists killed in nighttime crashes found that there were 5.3% more fatalities on nights with a full moon compared to other nights. (src: Wikipedia)

8. It turned out that this chart has some mystical power as the Fibonacci Day 55 in 26 April 2021 Monday according to my feedback from Astrology Expert, it is full moon cycle. According to my research, Lunar Effect will tend to cause a lot of bad incidents and unpleasant experience :)
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