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Summer may be the longest and most best invest obvious stretch of such unrewarding financial times. “Sell in May and returning again on St Ledger’s Day (that’s in September),” as the old saying goes. This quote may approach the banality within the platitude, however it’s still helpful advice. Why not take a vacation along with everyone other than them? You’ll need it once September comes along.
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In the past 100 years, no one from modern financial economics have conducted any extensive study of price movements at every single one. It was assumed to be random until lately. For some reason, if you say anything suggesting that price movement is not random, you’d be damned on your academic competitors. It is like Galileo suggested that the Earth rotates around the sun. It was a crime. Maybe it is the nature of human – those who have something to lose would do anything to stop others rocking their charter boat.
But summertime holidays are not just time. Trading around holidays can be also slow and erratic. For example, many professional traders take off between Christmas and New Year’s.