March is when everyone gives up on their New Year’s resolutions and returns to their dirt bag lifestyle.
Up north March is also when the thaw begins. That means mud and rain and everything looks disgusting. So while it was easy to carry the hustle through January and the tiny month of February, March is a different animal entirely.
The last two years have not been kind to investors in March. Here are two decades of SPY performance in March:
And while this pesky leap year means we have one trading day left in February, next week is mainly a March week.
I am coming into March invigorated. Exodus was lockstep with the recent market bounce, winning again. Also, I intend to work 5x smarter and harder in March than I did in January and February combined.
This market however cannot be trusted. So goes January goes the year they say. Beware the ides of March they say. Well I don’t believe any of that nonsense but my model is out with the bear call for a second consecutive week.
Look the new month’s fund flows to be as unkind as February’s.
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Classic movie and probably one of the best spaghetti western scores