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However, it appears increasingly likely that the August lows in the stock indexes could mark seasonal lows and the indexes are more likely to trade sideways to higher in the coming weeks.
FORBES: P.M. Kitco Metals Roundup: Comex Gold Ends Solidly Higher as Traders Quickly Step in to "Buy the Dip"
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As I discussed at the end of last month, the stock market has a seasonal tendency to correct in February, and the sharp gains so far in 2013 make this a distinct possibility.
FORBES: The Week Ahead: Should You Fear the Black Water Snake?
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As we start the last week of March, seasonal factors are likely to create a very volatile stock market through April, taking investors on a roller coaster ride.
FORBES: Stock Market Volatility In April Is Coming, Here's Why
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In the interest of full disclosure, my subscribers and I have the portion of assets following our seasonal strategy 100% invested in the 30-stock Dow until the next exit signal is generated.
FORBES: Selling In May Is Very Good Advice This Year
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The reason stock prices usually rise after April 15 is again based upon seasonal flows, as the billions invested in tax-oriented investments are deployed by the end of the month.
FORBES: Stock Market Volatility In April Is Coming, Here's Why
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Keeping his Buy rating, Yeung says the stock should get off to a good start this year, driven by a strong CS, with some seasonal stall mid-year, then strengthening again later in the year as ultrabook sales pick up and the debut of the Silvermont mobile SOC parts become available.
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