All Ordinaries Index - The last 8 trading days of the Calendar Year is Inordinately Bullish

Andrew McCauley

I note that the last 8 trading days of the calendar is inordinately Bullish for the All Ordinaries Index, producing an average gain of 2.19%, with a positive result on 31 occasions over the past 37 years. The return skew of 20 gains greater than 2% versus only 1 loss on the southern side of -2% is inviting.


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