SteadyTapeQuantitative Market Research

Two-Month Strong Barometer

Last two months (+5.2% / -0.3%) not both >= +4%

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When the last two completed months both gained >=4%, the next month and rest-of-year have historically been strong. Any month-pair (auto-targets the trailing two months).

Last 2 Months
+5.2% / -0.3%
May+Jun
Threshold
both >= +4%
Next-Mo Win
74%
n=38
RoY Median
+6.1%
68% win

When to run this study

Run at month-end. When the last two completed months both gained >= threshold (default 4%), the following month and rest-of-year have historically been strong. Generalizes the Finom "Apr & May both >4% -> June positive" quant to any month-pair.

Historical results

Forward returns after a strong two-month pair

WindowNWin%MedianMean
Next month3873.7021.32
Rest of year3868.406.066.74