By Forex Zone - July 30, 2016
The S&P Effect
One thing I’ve learned from years of watching the market is that there will never be a shortage of investment theories. Some are charmingly preposterous, like the idea that the stock market does well when an NFC team wins the Super Bowl and poorly when an AFC team wins. Others may hold a grain of truth, like the summer rally hypothesis (see Summer Rallies: Fact or Folklore?)Though true stock market phenomena are rare, one that’s often noted is the S&P Effect — the curious increase (or...