![]() The market is starting to pick up as we enter the Ber’months. September and October, As the ghost month settles, we then enter the typhoon prone months in the Philippines where most Filipinos stay inside and not spending, crops are affected and infrastructure projects of the government and private sectors are mostly halted. But for long-term investors, it’s definitely a good time to buy, especially blue chips stocks that went down due to this temporary weakness in the market. When wealthy Chinese investors are busy with their tradition and institutional funds become less active in the market, stock prices will have the tendency to have a sideways or downward movement.įor traders, this is a time to be cautious because of thin liquidity in the markets. According to Chinese tradition, particularly Buddhists and Taoists, the Festival of the Hungry Ghost the period starts on August 11 and will end on September 9.Īdditionally, most American and European global fund managers take their annual vacation during this time too. Best month to Buy StocksĪugust, often called the ghost month, August sees stock prices taking a dip especially in the Asian markets. A snack fact, most traders make money on the first two hours of the trading day. There are a lot of factors you need to consider before doing a transaction, these data are only based on patterns on the market and historical data. Please note that this is not the same every time, the stock market is not that simple that you buy on Monday and you sell on Friday. For a bull market, buy on Friday (best in both bull markets) and sell on Wednesday (best in both periods) or Thursday (best in 2009-2010). Due to generally positive feelings prior to a long holiday weekend, the stock markets tend to surge ahead of these observed holidays.īased on the results, in a bear market, buy on Monday (best in 2007-2009) or Tuesday (best in 2000-2002) and sell on Thursday (best in both bear markets). During the course of the week, the markets often experience upward trends that will peak on the final weekday, before they close for the weekend. Alternatively, because stocks tend to be priced higher on a Friday, and Monday would be the best day to buy according to experts. Best day to Sell Stocksįriday, did you guessed it right? Monday may be the best day of the week to buy stocks, it follows that Friday is probably the best day to sell the stock. So if you are a long term investor that buys stocks once a month, better do it on a Monday and potentially snapping up a discount. Studies have attributed this to a significant amount of bad news that is often released over the weekend so normally if there’s bad news, the sellers will flood the market on Mondays. For decades, the stock market has had a tendency to drop on Mondays, on average. Most investors and traders believe that the first day of the workweek is always the best. ![]() Monday, Others believe that certain days offer better returns than others, but over the long run, there is very little evidence for such a market-wide effect. Honestly speaking, knows the answer and if you try to time the market, you’re just as likely to miss out on buying opportunities as you are to get a good deal by waiting. We are on a unique phase, as I write this post(August of 2020), we are on the early stage of the Coronaconomy and the markets are heavily battered by the pandemic and the question everyone is asking is ‘When will hit the bottom?’. The first thing we need to ask ourselves before buying a stock is our objective, are we in it for the long term savings or medium-term or quick trade? We cannot simply answer the question with one answer it always depends on your strategy on how will you grow your portfolio.Įssentially, we want to buy stocks when they are cheap and the market is down. If this is the first time you are buying into the market I highly suggest reading the following articles first as this will give you basics about investing, stock market, and trading: ![]() This question probably belongs in the top 5 questions investors asked when they start their investing journey. The most frequently asked questions about the stock market answered “When is the best time to Buy and Sell Stocks?”.
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