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5 Stocks to Buy as Curtains Just About Drop on Tax Season
ANFA&F(ANF) Zacks Investment Research·2024-04-16 13:31

Familiar seasonal trends determine the growth trajectory of the stock market in a given time frame. These seasonal effects have a rational basis in contrast to some random period showing outperformance or underperformance in the stock market.Likewise, the tax season brings a trend where the stock market is subjected to selling pressure until tax day on Apr 15, followed by a bounce back later in the month.To meet tax bills, taxpayers raise cash by liquidating stocks, which in due course leads to a decline in ...