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Chart of the Day: Philadelphia Federal Index Seasonality

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The seasonality of the Philadelphia Fed index very closely resembles that of the seasonality of the broad market where lows in March and October are followed by gains through to June and December, respectively.  The seasonal chart for the Dow Jones Industrial Average and the seasonal chart for the S&P 500 Index are available via their respective links.

 

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Seasonal Advantage Portfolio by CastleMoore

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