My July:15 profits VS 9 loses
Hi, mooers.
A few days ago, I came across an article that impressed me most. It was titled Why July Brings the Bulls posted by Carson Group. Now I'd like to quote some details from that article here and discuss that with you. And here is the source.
"For starters, stocks have gained 9 of the past 10 years in July, with no month sporting a better average return over the past decade than the 3.3% July gain for the S&P 500. Why is this you ask? The one thing I keep thinking about is July kicks off Q2 earnings season and in the past 10 years overall we’ve seen a lot of doubt out there. It is likely that earnings come in better than expected, calming many of the fears and allowing for a rally. We think that could happen once again this year. Let’s be clear though, July is usually a good month in the middle of the weak summer months. "
Carson Group claimed that a bullish July could happen once again this year. And we have seen substantial gains in AMC despite a dramatic drop in recent days. Tesla, Netflix and other tech stocks also experienced an evident rise and then a drop. Wild fluctuations in the stock market are a good time for trading. So I wonder if July is your best performing month this year.
For me, it is one of my best-performing months this year.
Of my securities, I got 15 profits today, much more than losses.
If you look at a single stock such as Tesla, that is a 53.77% gain.
Also Apple, a 12.11% earning.
So what about you?
Is July your best-performing or one of your best performing months?
Or do you agree that July brings the bulls?
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
70205595 : not bad how are you making out this month?
MonkeyGee : I know one of your holding is XPENG
MonkeyGee 70205595 :
MonkeyGee 70205595 : a noise bleeding amount. this is my smallest account. will have to see if this is just temporary. the key is not to jump in and out.
plucky Axolotl_3787 : It's already great! Also, let me know how much this platform charges! I have a single option transaction (buy 16 lots). When I opened an account, this platform said it didn't charge any commissions or platform fees, but it didn't tell me what other contract fees were $0.65. It also charged a contract fee of nearly $11 for each 16-lot option order by dividing it into 16 orders! It's really scary! Be careful what this platform charges! Please tell me the other way around! thanks
70205595 MonkeyGee : oh man that is awesome still up 30k. I barely moved it seems like. It just seems I always miss the pumps and stocks that sky rocket lol just my luck.
MonkeyGee 70205595 : follow me. have been hitting it for a awhile. I'm watching TRIP for next week.
70205595 MonkeyGee : will do as soon as I get home driving atm