Thursday, January 30, 2014 10:54:38 PM
IBB - Biotech Seasonality Charts
I wanted to post this the other day, but didn't have the chance. This is the reason why I thought it'd be a good idea to buy some Puts for the IBB (right before the market dipped last week). I need to add funds to a different account that I have to do options. I'll do so soon.
Take a look at the slope of the IBB in January. Too good to be true. And it was, and it fell. The slope was amazing compared to the last 3 years.
If you use the link below, you can also select the 3 little buttons in the lower left of the chart on the stockcharts site, and it will show the last few years of the IBB and how its done, on a month to month basis, and other things. You can also compare it to another symbol.
From 2009 to 2013, the IBB closed the month higher 80% of the time in FEB, 100% in MAR, and 80% in APR. JUN was 40% and AUG 20% of the time it closed the month higher than it began. Fun stuff to think about.
Stock Seasonality Chart: link : http://stockcharts.com/freecharts/seasonality.php?symbol=ibb&compare=
I wanted to post this the other day, but didn't have the chance. This is the reason why I thought it'd be a good idea to buy some Puts for the IBB (right before the market dipped last week). I need to add funds to a different account that I have to do options. I'll do so soon.
Take a look at the slope of the IBB in January. Too good to be true. And it was, and it fell. The slope was amazing compared to the last 3 years.
If you use the link below, you can also select the 3 little buttons in the lower left of the chart on the stockcharts site, and it will show the last few years of the IBB and how its done, on a month to month basis, and other things. You can also compare it to another symbol.
From 2009 to 2013, the IBB closed the month higher 80% of the time in FEB, 100% in MAR, and 80% in APR. JUN was 40% and AUG 20% of the time it closed the month higher than it began. Fun stuff to think about.
Stock Seasonality Chart: link : http://stockcharts.com/freecharts/seasonality.php?symbol=ibb&compare=
These thoughts are just mine, not right, not wrong, just thoughts. Invest in what you believe in, not what I believe in. Do your research, and invest in the facts.
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