The best quarter for Bursa is the 1st quarter and the worst quarter is the 2nd quarter and 3rd quarter respectively.
This gives rise to Christmas Rally due to Santa Claus is coming to town and Chinese New Year Rally due to Choi San tou.
Why is this so?
This is because of consumer buying behavior. Western Consumer will always buy at the end of the year for Christmas season and Oriental Consumer will also buy at the end of the year to usher in the new and throw away the old as "New things are auspicious for the Chinese."
Therefore, this buying momentum by the consumer will create bumpy earning in the first quarter leading to improve financial forecasting result by an analyst during Christmas and CNY leading to super year-end rally.
There will be one every year without fail but depend on how big gifts Santa or Choi San wanna lavished on the market. Therefore, the best buying time is the 3rd Quarter.
"Fate Favored Those who are prepared"
"Time to buy, Time to sell, Time to go sleep"
Good Luck! Amigo!
Yours Sincerely,
Dr Lion.
This gives rise to Christmas Rally due to Santa Claus is coming to town and Chinese New Year Rally due to Choi San tou.
Why is this so?
This is because of consumer buying behavior. Western Consumer will always buy at the end of the year for Christmas season and Oriental Consumer will also buy at the end of the year to usher in the new and throw away the old as "New things are auspicious for the Chinese."
Therefore, this buying momentum by the consumer will create bumpy earning in the first quarter leading to improve financial forecasting result by an analyst during Christmas and CNY leading to super year-end rally.
There will be one every year without fail but depend on how big gifts Santa or Choi San wanna lavished on the market. Therefore, the best buying time is the 3rd Quarter.
"Fate Favored Those who are prepared"
"Time to buy, Time to sell, Time to go sleep"
Good Luck! Amigo!
Yours Sincerely,
Dr Lion.
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