Welcome to BeachBum Trading, where we make money all year round, including the summertime. In this [Make Money Trading in the Summer] video ๐ฅ, we will be discussing the summer months and how they tend to affect the stock market. We will be using data from a recent article on investing.com to analyze the trends in the market. As we look at the chart for the monthly trends, we can see that June has been a positive month in the past five and ten years, and even further back to 1950. July, on the other hand, has always been a good month, with recent trends showing even more positivity. We talked about catching the June bounce from May in our last video, and it looks like we can expect positive results in the summer months up through July. However, August has historically had a slight drop off, and September tends to be a bad month.
Looking at the historical data, we can see that the trend has been to go long through July and short into August and September. This is known as the “Summer Stock Market Doldrums,” where trading volume is lower due to vacations and can lead to increased volatility.
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๐ CHAPTERS ๐
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00:00 – Trading in Summer
04:38 – BeachBum Trading Sites
05:27 – Discord Invite
๐ TRADING PLATFORMS ๐
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E*TRADE โ Use our link and we both get rewarded! ๐ https://bit.ly/3zP6rvB
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Public Investing ๐ https://bit.ly/3M5eACK (Referral Code: MichaelSDeVries)
๐ RELATED VIDEOS ๐
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๐ฅ Make Money ๐ฐ Trading in the Summer โ๏ธ [Weekly Trading Game Plan] 6/17 โ 6/21/24 | Part 1 ๐ https://youtube.com/live/srvEwb27H-w
๐ฅ How to Trade the Summer Stock Market Doldrums ๐ https://youtu.be/ObSvNIfO_mY
๐ฅ How do the Stock Markets perform in the Summer? ๐ https://youtube.com/shorts/y7kp_mvJAwQ
๐ฅ What are the Best Performing Stock Market Sectors and Industries in the Summer ๐ https://youtube.com/shorts/357fkmIuHyE
๐ฅ Make Money Trading in June ๐ https://youtu.be/9Q8HJJ1trh8
๐ฅ How do the Stock Markets perform in the Month of June? ๐ https://youtube.com/shorts/mKj6D5Zo3j0
๐ฅ How do the Stock Markets perform in the Month of July? ๐ https://youtube.com/shorts/9tLaXO7-5Xc
#Summer #stockmarkets #swingtradingstockstrategy
๐ REFERENCES ๐
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๐ Weekly Trading Game Plan Notes for 6/17 โ 6/21/24 – Part 1 ๐ https://docs.google.com/document/d/1e0o9q0dqVbMGk_UbfnjKMN5oQgu7TPXBH-wg6aBp8Mo/edit?usp=sharing
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