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Even a so-so start to earnings season hasn't fazed the bulls in what has been a pretty ho-hum week for the market.
Sure, there has been some geopolitical action as the NATO summit, presidential visit to the United Kingdom, and Helsinki summits dominated headlines, but the bluster from across the pond only served to take the focus off tariffs and trade wars, which had been churning stock prices.
Still, the bulls are in control right now – which means this is the perfect time to find out why – and look at when those bears might finally gain the upper hand.
That way, we'll be properly positioned to make some money when they do…
There's Precedent for a Bullish July
Over the last 20 years, seasonality has favored the bulls this month.
About the Author
Chris Johnson is a quant - he's obsessed with building and perfecting mathematical models that allow him to predict, with startling accuracy, the direction of the markets, entire sectors, and individual securities. For the last year, he's been researching and building a new system that lets him move swiftly in and out of the hottest stocks in the market for life-changing gains - entirely on his own terms. The results of his newly-minted Night Trader system are nothing short of amazing.
Chris also contributes to Money Morning as the Quant Analysis Specialist.