From the WSJ Europe's The Source blog:
Making money in the financial markets has never been easy.
Whether it’s through macroeconomic analysis, technical tools, algorithmic trading, or just old wives’ tales—”sell in May and go away” springs to mind–investors have often searched for any kind of advantage.
With this in mind, those seeking their fortunes through the equity markets may well find help from above, as moon phases could influence financial markets–at least according to www.FutureAnalyser.com.
The group has studied all the lunar cycles between 1915 and 1994, comparing these with the performance of the Dow Jones Industrial Average, and has concluded:See also:
“There is a strong correlation between the period when the seen part of the Moon increases in size and the price of the stocks going up; and between the last 14 days of the lunar month (visible part of the Moon getting smaller) and the price of the stocks going down.”So you’ve been told. When in difficulty, look to the heavens.
"Moonstruck: Lunar Cycle Says Expect Market Rally"
"Fake Astrology-Based Hedge Fund Threatens To Ruin Things For All The Legit Astrology-Based Hedge Funds Out There "