From the Desk of Ian Culley @IanCulley
I’m not big into seasonality.
I pay attention to it, of course. But it’s not in my top three data points after price.
Don’t get me wrong, seasonality brings context and enhances awareness of any given market – which should be a priority for any trader or investor.
I have multiple almanacs on my desk, including the Stock Trader’s Almanac by Jeff Hirsch and Christopher Mistal and the Spectra Markets Trader Handbook and Almanac by Brent Donnelly and Justin Ross.
I recommend both.
Like most indicators, extreme seasonal tendencies provide the best information. And I can’t ignore the strong positive seasonality for the US dollar as it enters its best month of the year.