Last Quarter Wobbles

by Gary Glover

Seasonal aspects generally point to a Christmas rally which starts from mid November to early January and this is traditionally one of the strongest periods of the calendar year.  September and October are two of the weakest months from a purely statistical point of view so some caution is always warranted as October in particular has a habit of marking lows of significance.  The 10 year cycle is particulary relevant this calendar year as the cycle has a strong pattern that often replicates, more strongly than alot of the other years. 

As you can see from this 10 year cycle chart of the All Ordinaries.  The August / September period has a history of finding a peak before some end of year weakness.  The last quarter of the '0" year is historically a very weak period so we need to be wary of the last quarter wobbles this year.


Gary Glover is an Authorised Representative (Rep No. 259215) of Novus Capital Limited ("Novus"). Novus is a holder of Australian Financial Services Licence No 238 168. Novus, its directors, officers, associates and employees each declare that they, from time to time, may hold interests in financial products and/or earn brokerage, commission, fees or other benefits from financial products mentioned in this e-mail or attached documents. Unless specifically stated within this page or an attached document, any information communicated by this e-mail constitutes unsolicited general financial product advice which has been compiled without regard to any investor's individual objectives, financial situation or needs. It is not specific advice for any particular investor. Before making any decision about the information provided, you need to consider the appropriateness of this information having regard to your individual objectives, financial situation and needs and consult your adviser. Any indicative information and assumptions used here are summarised and also may change without notice to you, particularly if based on past performance or relate to a future matter.

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