FXstreet

Cycles select the best November stock recommendations.



For the month of November, this concept is applied. First, the Dow Jones 30 stocks were ranked from the best performer to the worst by calculating the percent of Octobers in which the stock rose in that month. The top 15 were screened in the following manner. If the weekly cycle pointed up, the stock is considered a buy. In order to qualify, the weekly cycle had to rise for at least 21 days in the month. The traditionally weakest stocks in the month were screened in order to determine if the weekly cycles fell in the month; the same 21-day rule applied but on the downside.



We can see that Home Depot has been trading for 37 years and has risen in 78.38% of all Octobers. The average return has been 6.27% and the expected return is 4.91%.

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