Stock Recommendations for November: Buy Low, Sell High
The following are our stock recommendations for November, with long positions being those we think will go up in value and short positions being those we think will go down.
Looking at the DJIA from 1885, it is clear that November has been a month of ups and downs. However, there have been more positive than negative years, and the overall trend seems to be positive.
In my opinion, this paragraph is discussing the percentage of something that occurs during the month of November.
With election year plus two years being 60.3%, this means that the majority of Americans are still satisfied with the current administration.
It's been a decade since the last decennial census, and the results are in: 69.2% of Americans participated in the count.
Looking at the data, it is clear that the election cycle has a significant impact on the market. In particular, the 66.7% figure for the election and decennial patterns is quite striking.
Looking at the DJIA stocks for this month, it looks like the long trades are outperforming the market. In October, the long trades returned an average of 11.2% versus a change of 14.4% in the DJIA. This is a 60% greater return than the short sales, which have been net negative over the last 33 months.
The top stocks for the month are those that have strong potential performance and also pass the relative strength screens. These are the stocks that are most likely to outperform the market and are therefore good buys for the month. The weak performers are those that are likely to underperform the market and are therefore good short sales for the month.
Caterpillar is looking strong heading into the new year, with a top ranking in both seasonal and relative strength. This bodes well for the company's prospects in the coming months.
The potential strongest performers in the DJIA stocks in the month are those that have a strong history of performance and are currently undervalued. These stocks have the potential to generate significant returns for investors.
As we enter the month of October, investors will be closely watching the performance of the Dow Jones Industrial Average (DJIA). This index is made up of 30 stocks that are considered to be leaders in the U.S.