SteadyTapeQuantitative Market Research

Apr+Jul Both Green Barometer

April+July Both Green Barometer (provisional): April +9.68%. Median RoY forward: +9.2%.

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When both April and July close positive, rest-of-year from end of July has been bullish 82% of the time historically (n=22, WR holdout 80%). Late-summer floor anchor before the seasonally-weak Aug/Sep stretch.

April
+9.68%
July
--
Both Green
Pending

When to run this study

Run after April closes and again after July closes. The signal finalizes on the last trading day of July when both April and July are positive -- a late-summer floor anchor before the seasonally-weak Aug/Sep stretch.

Historical results

April+July Both-Green Years -- Rest-of-Year SPY Returns

YearAprilJulyRoY
20231.213.154.62
20214.171.889.04
202018.015.1515.45
20192.870.609.25
20182.733.48-10.24
20171.171.889.23
20151.341.45-2.07
20132.334.5610.60
20100.867.3115.25
20097.857.0213.93
20061.340.0411.88
20036.820.8712.92
19975.586.682.62
19952.712.8310.75
19942.703.020.65