Oct. 31, 2021 7:40 pm ....
Not specifically QHL, however a bit of comforting news for some holders here I believe ....
Generally, the ASX always tends to follow the US markets as it's the worlds biggest economy. Hence, the next three months have historically been shown to produce good stock gains and upward momentum right across the board.
Here Come the Best Three Months for the Stock Market .....Stocks are rising despite issues such as supply-chain problems.
Johannes Eisele/AFP via Getty ImagesThe stock market has taken off, with all three of the main U.S. indexes at record levels on Friday, but that shouldn’t necessarily deter investors from buying now. The best three-month stretch out there for stocks, historically, begins in November.
Stocks have recently jumped, shaking off several risks. The S&P 500 rose 6.9% in October even as supply-chain constraints hamper companies’ ability to meet sales goals and create profit-destroying cost pressures. Plus, an expected continuation in the rise of bond yields could lower equity valuations because higher yields reduce the current value of future profits.
But none of that necessarily means now is a bad time to buy stocks. The next three months are historically the best for the major U.S. indexes. Since their inception, the S&P 500 and Dow Jones Industrial Average have both gained an 3.4% on average during that three-month stretch—more than in any other comparable period. The Nasdaq Composite ‘s average move is a 6.3% gain.
https://www.barrons.com/articles/best-three-months-stocks-51635542027?siteid=yhoof2
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