Page 9 - Futures Money Machine-Study Session #5
P. 9
Beyond The Basics
Seasonality…
Prices of goods are subject to seasonal tendencies as a result of natural
processes, for example harvest (supplies of grain peak at harvest and
drop off through the year) or weather periods occurring at various times
of the year (oil is less expensive in summer than in winter during the
heating season).
Other important annual events, which can create yearly cycles in supply
and demand. For example, the U.S. income taxes due date April 15th,
dividend payments on certain dates, end of the fiscal year and maybe
something more exotic like a mood improvement prior to holidays.
Are all examples of seasonality's influence on the markets.
