Years Ending in “7"

By Lawrence G. McMillan

We wrote about “years ending in ‘7'” earlier this year. The pattern is that these are bad years for the stock market, for the most part. They generally start off fine and rally into the summer or even the fall, and then the wheels fall off. I will try to work up an article with some more specifics on this trend, but I wanted to remind subscribers that this a year to treat breakdowns – especially in the latter part of the year – with respect.

This article was originally published in the 7/7/17 edition of The Option Strategist Newsletter.

The Option Strategist Newsletter $29 trial

Share this

Trading or investing whether on margin or otherwise carries a high level of risk, and may not be suitable for all persons. Leverage can work against you as well as for you. Before deciding to trade or invest you should carefully consider your investment objectives, level of experience, and ability to tolerate risk. The possibility exists that you could sustain a loss of some or all of your initial investment or even more than your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and investing, and seek advice from an independent financial advisor if you have any doubts. Past performance is not necessarily indicative of future results.
Visit the Disclosure & Policies page for full website disclosures.