A Look At Struggling “1st Of The Month” Bullishness

Friday is the last trading day of January. The first day of the month is well known for having a seasonal bullish tendency. Interestingly, I have noted this tendency has not been prevalent over the last few years. This can be seen in the equity curve below.

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As you can see, 1st day of month profits peaked 4 years ago. Leading up to that, the 1st day of the month had spent years as bullish. It is curious to see that this edge has not persisted during such a strong bull market, and it will be interesting to see if it re-asserts itself going forward.



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