Institution: US Stock Market's "Super Month" Coming to an End, August May See Profit-Taking
BlockBeats News, July 31st. Market research firm SentimenTrader stated that the U.S. stock market is about to conclude its hottest July ever. In this month, the S&P 500 index has hit a historic high 10 times (making it the third best July performance since 1928), while the Nasdaq Composite index has hit a historic high 14 times. This "super month" is rare in the summer, and historical data shows that after experiencing such a surge in July, August tends to become challenging.
Historically, when the S&P 500 index hits at least 7 multi-year highs in July, the probability of it rising in August is only 36%, with less than half the probability of rising in the following two months. The Nasdaq Composite index has shown greater resilience, usually staging a strong rebound 4 months later, but August still feels like a gamble. (Jin10)
You may also like

Exchanging 200,000 for nearly 100 million, DeFi stablecoins face another attack

The underlying business agreement of the trillion-dollar Agent economy: Understanding ERC-8183, it's not just about payments, but the future

When Wall Street's ETH begins to "yield": Looking at the asset properties of Ethereum from BlackRock's ETHB

The Power of Agency: The Agentic Wallet and the Next Decade of Wallets

Understanding x402 and MPP in One Article: Two Routes for Agent Payments

Particle Founder: The entrepreneurial insights I have gained the most from in the past year

Huang Renxun's latest podcast transcript: The future of Nvidia, the development of embodied intelligence and agents, the explosion of inference demand, and the public relations crisis of artificial intelligence

OKX Ventures Research Report: AI Agent Economic Infrastructure Research Report (Part 1)

The migration of settlement rights: B18 and the institutional starting point of on-chain banks

From Tencent and Circle: Looking at the Simple and Difficult Questions of Investment

The second half of stablecoins no longer belongs to the crypto circle

Cursor "Shell" Kimi Controversy Reversed: From Copyright Infringement Allegations to Authorized Collaboration, China's Open Source Model Once Again Becomes a Global AI Foundation

The Real Reason Tokens Don't Sell: 90% of Crypto Projects Overlook Investor Relations

Is the income of pump.fun real, earning a million dollars a day despite the market downturn?

The real reason why tokens are not selling: 90% of crypto projects neglect investor relations

Who is the true winner of the "Tokenization" narrative?

Moss: The Era of AI-Traded by Anyone | Project Introduction
