Most of the gains in the US stock market occurs in the last three and first three days of the month.
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This pattern has a fairly simple explanation. In the last days of the month occur receipt / redemption of funds in investment funds and, accordingly, these funds come to the market.
But there are no rules without exceptions. I suppose that this month we can see the opposite picture. Considering how much increased market share over the past month and a half, and that the market is at historic highs, and that the growth of S & P500 index from the beginning of the year is almost 12% (very normal performance in terms of control), at the end of this month, we can see the fixation profits and withdrawal of funds from the funds.
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Given that Thursday in America - holiday (Thanksgiving Day), under which the stock market usually grows up, I see a high probability that the correction will happen on the last day of the month. McAuley NICHOLAS LUDANOV