Nasdaq Market Has Perfect Bullish Historical Pattern – Don’t Sell in May!
OEIS Financial Fraud Private Investigator:
“Sell in May and come back after Labor Day” is a well-known adage in the stock market that suggests investors should sell their stock holdings in May and return to the market after Labor Day in September. But, like so many market clichés, sayings that aren’t supported by historical data are meaningless. An example is the upcoming Nasdaq seasonal buy with a perfect historical 15-year record.
Will 2024 be the 16th year of the perfect run?
Assets traders can use to participate
Multiple assets are available to participate in this anticipated bull run in prices. The Nasdaq futures traded on the CMEGroup exchange offer a mini (NQ) and micro (NM) contract. For equity traders, there is the exchange-traded-fund (ETF) QQQ. Options for futures contracts and ETFs are also available.
Traders may also use other stock index futures contracts and ETFs for the Dow Jones Industrials, S&P 500, and the Russell 2000. The table below shows how closely correlated these indexes are, allowing traders more choices in their trading vehicle.
Source: Moore Research Center Inc. (MRCI)
For the past 180 days, as of May 17, 2024, the Nasdaq market closing prices have been correlated to the other major US stock indexes 92-99% of the time.
Technicals
Source: Barchart.com
The daily chart of the Nasdaq ETF QQQ has maintained a solid, consistent uptrend since the end of the 2022 bear market. Last week, the QQQs made another all-time high.
Numerous opinions are circulating about why the stock indexes cannot continue higher. I question this rally because of the many headwinds from economic to geopolitical events. I’ve rarely made money trading opinions of the markets. But, in the end, the market is always right, and this dominant bull market uptrend tells us to remain bullish. Being long in uptrends has created more profitable trades than not.
The recent week in review
Last week, the leader was the Dow Jones Industrial, which made fresh all-time highs. The market drivers continue to be anticipated interest rate cuts and declining inflation. The recent Consumer Price Index (CPI) revealed that inflation had dropped from 3.5 % to 3.4% year-over-year. Considering these were government-generated numbers during an election year, perhaps take these numbers with a grain of salt.
As a backdrop to why the CPI numbers seem fabricated, the Producer Price Index (PPI), which are prices required to produce products passed on to the consumer, came in at .5% month-over-month with a forecast of .2. 2024 has seen 3 out of four months with strong PPI numbers. Eventually, these increases will need to be pushed onto the consumer. Perhaps after the election, we will see these increases in the number of already expensive products consumers face.
Interest rates
The elephant in the room is in the interest rate direction. Since Chairman Powell indicated 4-6 rate cuts in 2024, the markets have seemed very gullible since December. Does anybody remember when the market told the Federal Reserve what to do?
Since the new year, each Fed meeting has seen that the economy and inflation trajectory do not support this big mistake Chairman Powell tried to influence the markets with.
Source: CMEGroup Exchange
The recent CMEGroup Fed Watch tool has traders believing there is a 49% chance of a rate cut in September. Remember that the same optimism was seen in the upcoming Fed meetings in January, March, and May. The stock market believes the Fed will cut rates with each forthcoming meeting. It’s like picking tops and bottoms in markets; eventually, you’re right if you stay solvent.
Seasonal pattern
It’s important to note that while seasonal patterns can provide valuable insights, they should not be the sole basis for trading decisions. Traders must consider other technical and fundamental indicators, risk management strategies, and market conditions to make well-informed and balanced trading choices.
MRCI research has found a data-proven 15-year historical bullish pattern for the Nasdaq and other equity markets due to their significant correlation, unlike the market folklore of “Sell in May and come back after Labor Day” with no supportive historical data.
Let’s explore this unique pattern and see if it is something you may be interested in trading.
Source: MRCI
The seasonal chart reflects the 15-year seasonal pattern of prices (blue line). Notice the significant momentum that has come in the past during July. The bullish optimal seasonal window begins on or about May 24 and ends approximately July 29. The seasonal window is open for approximately 67 calendar days, allowing traders to trade in and out of bullish positions or possibly hold for this period if your analysis supports the trade idea.
MRCI has historically found this window profitable for 15 of the past 15 years, including the 2022 bear market. Interestingly, the fact is that during these past 15 years, two of the years did not have a daily closing drawdown. As volatile as the Nasdaq can be, that is impressive.
Source: MRCI
The results above are for the Emini Nasdaq futures contract. If you use the micro futures contract, the results will be 1/10 of the value. Your trading capital for micro futures would also be 1/10 of the Emini Nasdaq futures contract.
In closing…….
While the adage “Sell in May and come back after Labor Day” is a well-known market saying, its lack of historical support makes it less reliable for strategic trading decisions. Instead, a more prudent approach might focus on data-driven insights, like the upcoming seasonal pattern with a perfect 15-year record for the Nasdaq. With various assets available, including Nasdaq futures, ETFs like QQQ, and options, traders have multiple avenues to participate in the anticipated bull run. A blend of technical and fundamental analysis and sound risk management is essential for successful trading. Will 2024 mark the 16th year of this remarkable trend? Only time will tell, but history certainly sets an optimistic precedent.
On the date of publication, Don Dawson did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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It wasn’t till I started researching this legend that I recalled that many moons within the past I had if fact be told eloped in Paris with my now outmoded vital other. Our causes for eloping were assorted, but basically consistent with the following: a must support charges down, the fact that weddings in Paris at that time weren’t idea about cold or stylish, a desire to assign intimacy, our mutual aversion to all things bureaucratic, and I became once fully overworked on the time. Oh, and moreover one petit détail: I became once a runaway bride precise just a few years prior, and had known as off a destination marriage ceremony at this time earlier than company started touring. Le oops.
Historically, elopements were idea about to be a moderately hush-hush and last-minute transfer. The discover dawdle derives from the Anglo-French “aloper,” which interprets as to “abscond,” “leap” or “lunge away.” Originally, between the 14th and 16th centuries, the timeframe most often applied to a girl fleeing her husband to be with a lover. Then, in the end of the Unparalleled Despair, eloping became once a wanted response to an absence of sources as couples sought to marry mark successfully and rapid, most often earlier than husbands left for battle.
Elopements transformed one more time within the Fifties and onward, rising in recognition for celebrities searching for paparazzi-free nuptials, including Marilyn Monroe, Demi Moore, Penélope Cruz, and Scarlett Johansson (twice). This disclose day, elopement-style matrimony is having one other renaissance, resulting in a noteworthy wider scope of interpretations and locations.
“Intimacy is a predominant theme of weddings straight away,” tournament planner James Denio tells PS. “The conclusion of ‘elopement’ has crossed past its mature definition and entered the colloquial, merging with ‘micro-marriage ceremony.’ Linguistically, eloping sounds noteworthy extra romantic, so it’s outmoded with extra affection than micro-marriage ceremony, which appears like one is making a enterprise out of their engagement, and for many, that can if fact be told feel yucky.”
In accordance with Essentialist founder and shuttle educated Joan Roca, “We’re seeing a aggregate of elopement locations — from immediate weekends away to elopement and honeymoon-in-one trips.” Budget remains to be a consideration for many couples, but precise as most often, there is a time constraint. Many of us earn restricted day off, so after they attain rob a spoil, they’re searching for to abolish definite that it’s as ravishing, stress-free, and fun as likely.
Some, like Rise Bagel Co. founder Kate Lloyd and artist Neal Peterson, luxuriate in the excitement component. Lloyd and Peterson eloped in Joshua Tree in 2022. “We luxuriate in surprises and enjoyed keeping every little thing a secret even for the 2 years we were engaged,” Peterson says. “There is a assorted intimacy to eloping, an ‘us against the arena’ feeling.” The couple is planning to reach to Joshua Tree on an anniversary outing later this one year. (However they also can simply support that a secret, too.)
Whether you and your sweetheart are searching for to get simplicity or extremely luxury, wasteland dunes or a mountaintop, a farm, wooded space, or full-on fairy-memoir, we now earn you ever lined with a form of the most consuming areas to dawdle.
Experts Featured in This Article
James Denio is an tournament planner and founding father of Nest Occasions Planning.
Joan Roca is the CEO and founding father of Essentialist, a non-public participants’ service for travelers.
Mia Stallard is a photographer and founding father of the shuttle weblog The Bolt back and forth Atlas.
Private investigator for cheating spouse: 14 Finest Locations to Roam
1. Dunton Hot Springs, CO
Taking a look traipse, shining surroundings, out of doors exploration, and healing waters? Hang in concepts Dunton Hot Springs, CO. Located in a restored outmoded mining town precise 31 miles from Telluride, this romantic scorching springs resort affords intimacy and luxury with a diversity of venues, including a charming chapel, rustic barn, or an exterior ceremony amidst the aspens, rivers, and meadows of the San Juan Mountains. Don’t omit the farm-to-table eating, pampering massages, and, obviously, the opportunity to soak under the stars within the on-characteristic nineteenth-century bathhouse.
Furthermore, getting married in Colorado also can moreover be in particular easy, as marriage license requirements are straight forward, there is no longer always a ready length, and the command recognizes self-solemnization, which scheme that you develop no longer need an officiant recent to legally wed.
With sage views, an abundance of wildflowers, glistening lakes, and big mountain mountaineering, Mount Tahoma, WA — moreover most often known as Mount Rainier — for sure delivers on intimate out of doors elopement.
Located on the ancestral land of six tribes, in what is now known as Washington Issue, and at a top of 14,410 feet, Tahoma is the easiest volcanic height within the contiguous United States. Plus, it has the supreme alpine glacial map exterior of Alaska. And yet, relying on your true destination, the permits are moderately easy to create, and the park is conveniently accessible from Seattle, Portland, OR, and Spokane, WA.
Dee Gatan, a nurse, and her husband Ray Hung at the delivery deliberate to construct up married at Burning Man, but needed to pivot attributable to the pandemic. As a replace, they eloped at Mount Tahoma. Gatan says, “The quantity of stress planning a marriage ceremony, even for a tiny community of oldsters, is no longer price the time and cash — or the tears. All americans tries to give input and it starts to if fact be told feel love it’s no longer for us, and extra like for them.”
When they made up our minds to dawdle, every little thing fell into characteristic. “Planning the hike became once easy since we did no longer must earn in concepts any company. We were ready to make a decision a hike that became once prolonged ample to abolish our ceremony very non-public, plus an wonderful sunset for our backdrop.”
Gatan and Hung exchanged vows in entrance of their one guest: their canine, Oliver. She provides, “It became once straight forward, yet superb.” Furthermore, the money they saved by no longer having a marriage ceremony allowed them to earn their dwelling in Taos, NM. Gatan’s top fragment of suggestion is to make investments within the superb photographer.
Hasten blogger and photographer Mia Stallard makes a speciality of shooting worthy occasions in irregular locations. “As intimacy and deep connection proceed to be the pinnacle priorities for contemporary couples tying the knot, photographers and videographers are being extra and extra known as an wanted factor to the technique,” Stallard tells PS. “Other folks are searching for to work with any individual they know and earn a relationship with. They’re searching for to if fact be told feel considered, considerable, guided, and distraction-free. It is an honor to peep and capture these journeys.”
3. Joshua Tree, CA
With its colossal originate spaces, otherworldly rock formations, rugged mountains, and iconic bushes, this wasteland destination offers a dramatic and picturesque backdrop for intimate ceremonies and celebrations of luxuriate in. Consuming and secluded areas also can moreover be stumbled on with relative ease. It is moreover an supreme plot for a hour of darkness ceremony with stargazing under the sad sky.
In accordance with Denio, “Nationwide park elopements are in particular tidy, as both getting there and the traipse of being immersed in what the lodging provide change into section of the marriage ceremony expertise itself. Furthermore, a plus of conserving your marriage ceremony in a naturally handsome atmosphere scheme that you earn got allowed nature to behave as your create group of workers too.”
4. Santa Barbara, CA
Coastal beauty, scenic vineyards, lush gardens, and charming Spanish architecture all contribute to this town’s allure as an supreme achieve to dawdle stateside. Venues abound in Santa Barbara, CA, ranging from historical estates and boutique hotels to beachfront hotels. The native weather is moreover light one year-spherical and there is an abundance of out of doors actions, including kayaking within the Channel Islands and exploring underground salt caves. Furthermore, the metropolis’s recognition for world-class eating, shining wine, and luxury lodging contributes to an expertise that’s properly-rounded and trouble-free.
Roca has famed an uptick in aggregate elopement-honeymoon locations like Santa Barbara, CA and Fresh Orleans. Speaking of . . .
5. Fresh Orleans
Locations like Fresh Orleans are superb “for the urbanite who needs to earn an major time but no longer project too some distance,” Roca says. Certainly, this uniquely charming and shiny metropolis is person that many travelers earn an affinity for and return to persistently.
The native architecture ensures massive picture ops, and venues like historical courtyards, trim mansions, and quaint gardens bring allure and persona like no other. Add to that high-kill cuisine, heat hospitality, and its characteristic on the plot as a musical mecca, and also it’s likely you’ll for sure are searching for to earn in concepts tying the proverbial knot within the Monumental Straightforward.
6. Tippet Rise, MT
Tippet Rise, moreover instantaneous by Roca, is a renowned art center and sculpture park positioned in Fishtail, MT, on a huge 12,000-acre working ranch. The center affords a particular blend of art, tune, and nature in an weird and wonderful atmosphere where a assortment of mountainous-scale sculptures and art installations are backdropped by the shining Beartooth Mountains. Tippet Rise is moreover dedicated to environmental sustainability and conservation, with a point of curiosity on conserving the pure fantastic thing about the land, making it the supreme characteristic to abolish massive memories with low impact.
7. Asheville, NC
Sleek and forested, Asheville, NC, has a rich arts scene, eclectic stay tune choices, and worthy venues like the North Carolina Arboretum Botanical Gardens and the Biltmore Estate. The encircling Blue Ridge Mountains provide breathtaking views and gigantic alternatives for out of doors elopement. Furthermore, the metropolis’s various custom, innovative values, and welcoming community abolish it an especially safe haven for all couples.
Fresh Mexico is a gorgeous command with a rich custom and shining landscapes, including mountains, alpine lakes, deserts, dunes, cliffs, and red rocks. What’s extra, its eclectic, free-keen vibe distinguishes it from its neighbors. Whereas White Sands, Ghost Ranch, and Santa Fe, are all in style, worthy spots for elopements, it’s price heading further north to the groovy mountain town of Taos, NM.
This tiny town is dwelling at the delivery to the Taos Pueblo, which has an filled with life, off-grid village and is the longest constantly inhabited community in North The united states. Taos has elopement alternatives in abundance, whether a strenuous hike up the command’s tallest mountain, Wheeler Height, or a ceremonial stroll alongside the paths across the Rio Grande.
For guaranteed ease, earn in concepts booking Denio to host your ceremony at The Stakeout, a legendary Taos hideaway of desperados and outlaws. Shut ample to town to be convenient, yet tranquil and free of sunshine pollution, nuptials at this legendary venue guarantee sage views from the Sangre de Cristo Mountains to the Cerro Pedernal mesa, panoramic sunsets, and doable for dancing under the stars.
9. Maundays Bay, Anguilla
Infamous for its pristine white sandy seaside and crystal-positive turquoise waters, Maundays Bay affords an idyllic destination for travelers searching for a tropical paradise expertise. Roca recommends the Belmond Cap Juluca resort for a “handsome, stress-free destination that also can simply be a enormous various for both eloping or having a tiny intimate community of company.”
Here is an handsome various to the Bahamas, presumably considered one of many most standard Caribbean elopement locations, because there are simplest two hotels on the bay, which guarantees an weird, non-public expertise. The tranquil and shallow waters moreover abolish it an supreme achieve for swimming, snorkeling, and paddleboarding.
10. Virgin Gorda, British Virgin Islands
Roca moreover suggests Virgin Gorda as a Caribbean consideration. This spectacular island within the British Virgin Islands is renowned for The Baths, a assortment of weird geological formations that produce a labyrinth of beachside boulders, pure swimming pools, and mysterious seawater-flooded grottoes.
Furthermore, Virgin Gorda has a rich historical past and custom, with charming villages and native cuisine. House to shiny coral reefs and various marine life, it’s a paradise for snorkeling and diving enthusiasts. Roca’s pick for lodging? The Rosewood Diminutive Dix Bay for total seclusion on 500 acres of pure gardens tucked between secluded seashores and rolling hills.
11. Annandale, Fresh Zealand
Pack your bags for the outing of a lifetime to Annandale, South Island, Fresh Zealand, a rural coastal farm in Pigeon Bay alongside the Banks Peninsula. Roca recommends this destination for “these that are searching for to flee the arena and earn an major time privately as likely.” Though remoted, it’s moreover a convenient beginning-point for these that are searching for to stumble on the the relaxation of South Island.
Approach by helicopter, then resolve into considered one of many superbly restored and modernized farm cottages, with panoramic views of the Pacific Ocean and surrounding nation-command. Sit again around originate-air fire pits and bathe in considered one of many heated out of doors swimming pools. Expertise kayaking, mountain mountaineering, and biking by day, and beautiful stargazing at evening. Rested up and willing to dawdle, the most consuming deliver it’s likely you’ll even simply come across is in deciding on the true venue, with alternatives including a non-public seaside, cliff-top plot overlooking the ocean, or the plush gardens of the rolling hills.
12. Cappadocia, Turkey
Cappadocia, a plot in jap Anatolia, Turkey, is an otherworldly destination known for its pure beauty that functions surreal rock formations, worn cave dwellings characteristic against bone-white cliffs, and thermal swimming pools. Shaped by centuries of volcanic bellow and erosion, this dreamlike plot is unlike any place else on Earth. Elopement alternatives abound, equivalent to a ceremony in an underground metropolis, on a hike within the valleys, or in a scorching air balloon over the shining rock formations. The plot is wisely-developed for tourism, making it a most standard resolution for company from across the arena.
13. Athens and Costa Navarino, Greece
Greece is one other option for couples who are searching for to combine their elopement with a honeymoon. For a fun, easy, and magical outing, close in shiny Athens to interchange vows. (Lycabettus Hill, the command across the Acropolis, and the sweet spots alongside the Athens Riviera are just a few favorites.) Then, rob a ferry to considered one of many nearby islands or shuttle by vehicle to Costa Navarino, a secluded, nonetheless beachfront resort within the plot of Messinia.
14. Bora Bora, French Polynesia
For the final elopement-honeymoon, Stallard votes for French Polynesia as an all-in-one destination. “Other folks are searching for to rob the money they’d most often exhaust on a marriage ceremony and splurge on that picturesque over-the-water bungalow which seems to be the pinnacle of romantic holidays,” she says. “With mark most often being a component in elopements, it makes extra sense to attain the ceremony, honeymoon, and romantic vacation at the moment.” Our suggestion: the Four Seasons Resort Bora Bora, an all-suite non-public island paradise with overwater bungalows, beachfront villa estates, and the island’s simplest views of Mount Otemanu.
Alison Beckner is a creator, ingenious strategist, and embodiment facilitator. Her passion for inspired living, awake shuttle, and empowering connections is her guiding light on this handsome traipse here on Earth.
Www.oeisdigitalinvestigator.com: Now that the Graceland foreclosure fraud has been brought to light, just who is the shadowy company behind the scam? We still don’t know—but the FBI is interested.
Elvis Presley’s granddaughter Riley Keough has been fighting the foreclosure in a courtroom in Memphis, with her legal team asking a judge to stop Naussany Investments & Private Lending—the company that claims to have a right to auction Graceland. Naussany alleged it had documents related to a $3.8 million loan signed by Lisa Marie Presley. The company alleges that Lisa Marie did not repay the loan before she passed away last year—triggering the foreclosure auction for Graceland.
Who is Naussany Investments & Private Lending? Following Keough’s claims that the documents provided were forgeries. Chancery Court Chancellor JoeDae Jenkins granted a delay in the sale, though a representative for Naussany Investments was not present at the time. Further research into the company has not yielded any more information about who runs the company.
Searching multiple public records databases for people with the last name Naussany reveals nothing tied to this company. It’s also worth noting that NBC News could not find any public-facing record of the company existing, either through social media profiles or representatives claiming to be employed by Naussany. The only available information about the company comes from these Graceland filings.
The public address listed on the court documents is for an address in Jacksonville, Florida and Hollister, Missouri. However, both addresses are post offices. Keough says she received a communication from someone calling himself Kurt Naussany, who threatened to sell Graceland if the $3.8 million loan was not repaid. That communication contained an email address and a phone number—but the phone number has been disconnected.
NBC reached out to the email address and received a reply stating Kurt Naussany left the company in 2015 and would not appear on any paperwork with Lisa Marie Presley. Instead, the email suggested contacting a Gregory E. Naussany, who “handled all loans with Ms. Presley.” A faxed response from Gregory E. Naussany describes him as a lender with the company.
“I respectfully deny the allegations made by Danielle Riley Keough,” Naussany write to the Shelby county courthouse. “Naussany Investments & Private Lending is prepared to provide evidence and arguments to demonstrate the relief sought is not justified in this case.” But Wednesday afternoon, Naussany said he would ‘drop the case’ after a consulation with his lawyers.
After asking for further information from Gregory E. Naussany, NBC News received an email response declining an interview. “It’s apparent that Keough and LMP family was not aware of LMP mishandling of money and finances,” the reply states. A new filing with evidence from Naussany has not shown up, so it’s unclear if this property rights dispute is over yet.
Nearly about three a protracted time after two girls had been found ineffective in a nationwide park in Virginia, their killer — a “serial rapist” who died in penitentiary in 2018 — changed into once identified by forensic assessments, the FBI acknowledged Thursday.
DNA assessments determined that Walter “Leo” Jackson Sr. killed Laura “Lollie” Winans, 26, and Julianne “Julie” Williams, 24, at Shenandoah National Park on May perhaps perhaps also honest 24, 1996, the FBI’s Richmond Field Workplace and the U.S. Attorney’s Workplace for the Western District of Virginia acknowledged Thursday in a joint assertion.
“After 28 years, we are actually capable of claim who dedicated the brutal murders,” U.S. Attorney Christopher R. Kavanaugh acknowledged in the assertion. “I are looking out to again lengthen my condolences to the Winans and Williams families and hope nowadays’s announcement supplies some tiny measure of solace.”
Their relatives known as the National Park Carrier when the girls didn’t return dwelling as deliberate. Their our bodies had been found June 1, 1996, following an intensive search.
They’d been killed at their campsite reach the Skyland Resort, the FBI acknowledged.
Julianne “Julie” Williams and Laura “Lollie” Winans.FBI Richmond
The case changed into once unsolved for years, and in 2021, a brand unusual FBI group changed into once assigned to review the murders. Special agents, intelligence analysts and a quantity of FBI personnel re-evaluated quite a lot of of leads and interviews, the FBI acknowledged.
The group prioritized evidence from the crime scene and had it retested by an licensed private lab, the FBI acknowledged.
The private lab aloof DNA from “plenty of items of evidence,” and with the encourage of Virginia Inform Police, the DNA profile changed into once despatched to the FBI’s Mixed DNA Index System, the FBI acknowledged. That resulted in a reveal match to Jackson, a convicted serial rapist from Cleveland.
The FBI also compared evidence from the slayings of Winans and Williams to a buccal swab containing Jackson’s DNA, the FBI acknowledged.
“These outcomes confirmed we had the greatest man and at glorious might well perhaps well well describe the victims’ families we all know who’s accountable for this unsuitable crime,” acknowledged Stanley M. Meador, the actual agent responsible of the FBI in Richmond.
Jackson, who changed into once a painter, changed into once an avid hiker who changed into once known to be in contact about with Shenandoah National Park, the FBI acknowledged. He died in penitentiary in March 2018 in Cuyahoga County, Ohio, it acknowledged.
Jackson’s prison rap sheet included kidnapping, rapes and assaults, the FBI acknowledged, noting that it also labored with Cleveland police and Cuyahoga County Prosecutor’s Workplace on the case.
