Score 9.2 (out of 10): SPDR S&P 500 poised to seasonally rally by +4.6% during the next 90 days.

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What’s Going On Here?

The rebound in stock prices might continue as the seasonals appear favourably.

Why Now?

SPDR S&P 500 ETF TRUST indicates an interesting 90 days seasonal set up. During similar occasions, SPDR S&P 500 ETF TRUST shares had a median return of +4.6% – based on 9 historical occasions with 9 of those showing positive returns (100%). This buy signal for SPDR S&P 500 ETF TRUST received a high score of 9.2 (out of 10). This insight was generated with last price of 394.77.

What’s This Company About?

SPDR S&P 500 ETF TRUST is in the Growth&Income-Large Cap business. Based on the last 2 years’ risk/return profile, this asset is seen as Moderate Risk. Ticker symbol: SPY US.

What’s My Risk / Reward and Time Horizon?

We found 90 days to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 413 (+4.6%) has been reached. Based on SPDR S&P 500 ETF TRUST’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 382.97 (last price at 394.77), which is equivalent to a -3% decline.

Returns during similar periods:

The chart above shows the previous returns (in %) based on similar setups with the most recent ‘insight’ shown under (1), the second most recent ‘insight’ under (2), etc.

Previous episodes:

0.5% (July- 2021), 7.7% (July-2020), 4.3% (July-2019), 5.2% (July-2018), 2.7% (July-2017), 5.1% (July-2016), 1.6% (July-2015), 4.9% (July-2014), 5.1% (July-2013)

Historical Chart:

Summary:

NameSPDR S&P 500 ETF TRUST
ViewUp
Star (1 to 10)9.2
Target4.6%
Time90 days
Hit Rate100%

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