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Stock Market Outlook for March 3, 2025

March is one of the strongest months of the year for stocks with the S&P 500 Index rising by an average of 1.1% and gaining in 66% of periods over the past five decades. 

Real Time Economic Calendar provided by Investing.com.

 

 

*** Stocks highlighted are for information purposes only and should not be considered as advice to purchase or to sell mentioned securities. As always, the use of technical and fundamental analysis is encouraged in order to fine tune entry and exit points to average seasonal trends.

Stocks Entering Period of Seasonal Strength Today:

Subscribers Click on the relevant link to view the full profile. Not a subscriber? Signup here.

Americold Realty Trust (NYSE:COLD) Seasonal Chart

Americold Realty Trust (NYSE:COLD) Seasonal Chart

Elme Communities (NYSE:ELME) Seasonal Chart

Elme Communities (NYSE:ELME) Seasonal Chart

Vanguard International Dividend Appreciation ETF (NASD:VIGI) Seasonal Chart

Vanguard International Dividend Appreciation ETF (NASD:VIGI) Seasonal Chart

Avangrid, Inc. (NYSE:AGR) Seasonal Chart

Avangrid, Inc. (NYSE:AGR) Seasonal Chart

Avalonbay Communities, Inc. (NYSE:AVB) Seasonal Chart

Avalonbay Communities, Inc. (NYSE:AVB) Seasonal Chart

iShares Global Utilities ETF (NYSE:JXI) Seasonal Chart

iShares Global Utilities ETF (NYSE:JXI) Seasonal Chart

iShares MSCI Germany ETF (NYSE:EWG) Seasonal Chart

iShares MSCI Germany ETF (NYSE:EWG) Seasonal Chart

CoStar Group, Inc. (NASD:CSGP) Seasonal Chart

CoStar Group, Inc. (NASD:CSGP) Seasonal Chart

H. B. Fuller Co. (NYSE:FUL) Seasonal Chart

H. B. Fuller Co. (NYSE:FUL) Seasonal Chart

ABM Industries, Inc. (NYSE:ABM) Seasonal Chart

ABM Industries, Inc. (NYSE:ABM) Seasonal Chart

Camden Property Trust (NYSE:CPT) Seasonal Chart

Camden Property Trust (NYSE:CPT) Seasonal Chart

Firstenergy Corp. (NYSE:FE) Seasonal Chart

Firstenergy Corp. (NYSE:FE) Seasonal Chart

Alphabet Inc. - Class C (NASD:GOOG) Seasonal Chart

Alphabet Inc. – Class C (NASD:GOOG) Seasonal Chart

SunOpta Inc. (NASD:STKL) Seasonal Chart

SunOpta Inc. (NASD:STKL) Seasonal Chart

Rogers Communications, Inc. (NYSE:RCI) Seasonal Chart

Rogers Communications, Inc. (NYSE:RCI) Seasonal Chart

 

 

The Markets

Stocks snapped back on Friday, erasing much of the prior session’s decline, as investors shook off the apparent escalation of geopolitical tensions following a tense meeting between Ukraine and US leaders.   End of month mechanical buying looks to have been a factor in the late-day surge. The S&P 500 Index ended with a gain of 1.59%, reaching back to resistance and a neutral position over an intermediate-term timeframe at the 50-day moving average (5998).  A short-term trading range on the chart can been identified with support around 5830 and resistance around 6100; reaction to the lower bound is currently playing out.  Momentum indicators on the daily chart have negatively diverged from price since the middle of last year, highlighting the waning enthusiasm investors had been expressing towards tech-heavy (Mag-7) benchmarks, like this, amidst extreme valuations. Downside risks remain in the near-term to the July/August 2024 highs around 5700, a move that would amount to a 7% pullback from recent heights.  This would be a healthy and ordinary correction within a bull market, by any measure.  We continue to monitor the potential impact of the apparent rotation in the market on our list of candidates in the market to Accumulate and to Avoid and we have adopted more of a neutral stance as segments that were previously noted as Accumulate candidates fall off (eg. Technology) and as areas to Avoid are added.

Today, in our Market Outlook to subscribers, we discuss the following:

  • Monthly look at the large-cap benchmark
  • The strongest contiguous two months of the year for stocks
  • Average tendency for stocks during the month of March
  • The average peak in the Volatility Index (VIX)
  • Securities that have gained or lost in every March over their trading history
  • Canada Gross Domestic Product (GDP)
  • US Trade in Goods and the largest deficit on record

Subscribers can look for this report in their inbox or by clicking on the following link and logging in: Market Outlook for March 3

Not signed up yet?  Subscribe now to receive full access to all of the research and analysis that we publish.

Over the past five decades, the S&P 500 Index has averaged a return of 1.1% in the third month of the year with a gain frequency of 66%.  Returns have ranged from a loss of 12.5% in March of 2020 to a gain of 9.7% in March of 2000.  We provide further insight on what to expect in the month ahead in our just released Market Outlook for March.  Subscribe now.

Just Released…

Our monthly report for March is out, providing you with everything that you need to know to navigate the market through the month(s) ahead.

Highlights in this report include:

  • Equity market tendencies in the month of March
  • Equity market running low on gas
  • Investor enthusiasm towards stocks waning
  • Unwind of the Yen Carry Trade
  • Magnificent 7 Struggling
  • Bitcoin stall and rollover
  • Inflationary pressures continue to ramp up from the past few months
  • Inflationary hedges remain desired in portfolios
  • Alleviation of a headwind against risk assets (commodities)
  • Stay exposed to energy stocks at this seasonally strong time of year
  • Rough start to the year for the housing market
  • Consumers continue to take equity out of their homes as broader loan activity struggles
  • Delinquency rate on consumer loans remaining elevated
  • Industrial Production
  • Retail Sales
  • Consumer momentum still lagging seasonal norms
  • Volatility typically peaks by the middle of March
  • Our list of all segments of the market to either Accumulate or Avoid, along with relevant ETFs
  • Positioning for the months ahead
  • Sector Reviews and Ratings
  • Stocks that have Frequently Gained in the Month of March
  • Notable Stocks and ETFs Entering their Period of Strength in March

Subscribers can look for this 119-page report in their inbox and, soon, in the report archive.

Not subscribed yet?  Signup now to receive access to this report and all of the research that we publish.

With the new month upon us and as we celebrate the release of our monthly report for March, today we release our screen of all of the stocks that have gained in every March over their trading history. While we at Equity Clock focus on a three-pronged approach (seasonal, technical, and fundamental analysis) to gain exposure to areas of the market that typically perform well over intermediate (2 to 6 months) timeframes, we know that stocks that have a 100% frequency of success for a particular month is generally of interest to those pursuing a seasonal investment strategy. Below are the results:

And how about those securities that have never gained in this third month of the year, here they are:

*Note: None of the results highlighted above have the 20 years of data that we like to see in order to accurately gauge the annual recurring, seasonal influences impacting an investment, therefore the reliability of the results should be questioned.  We present the above list as an example of how our downloadable spreadsheet available to yearly subscribers can be filtered. For a more extensive list of high frequency (70% ) gainers for the month of February, please refer to our monthly report.

Sentiment on Friday, as gauged by the put-call ratio, ended close to neutral at 0.92.

 

Seasonal charts of companies reporting earnings today:

Okta Seasonal Chart California Resources Seasonal Chart Heidrick & Struggles International Seasonal Chart W&T Offshore Seasonal Chart Ready Capital Corp Seasonal Chart Smart Sand Seasonal Chart Emergent Biosolutions Seasonal Chart Whitestone REIT Seasonal Chart Ocular Therapeutix Seasonal Chart OFS Capital Seasonal Chart Nomad Foods Limited Seasonal ChartSphere Entertainment Co. Seasonal Chart Hut 8 Corp. Seasonal Chart Intrepid Potash Seasonal Chart Sunnova Energy International Seasonal Chart James River Group Seasonal Chart

 

S&P 500 Index

 

TSE Composite

 

Sponsored By...
Seasonal Advantage Portfolio by CastleMoore

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