Institution: The 'Super Month' of the US stock market is coming to an end, and August may face profit taking

BlockBeats News: On July 31st, market research firm SentimentTrader announced that the US stock market is about to end its hottest July ever. This month, the S&P 500 index has hit a historic high 10 times (the third best July since 1928), and the Nasdaq Composite Index has hit a historic high 14 times. This kind of 'super month' is rare in summer, and historical data shows that after experiencing a similar surge in July, August becomes difficult. From a historical perspective, when the S&P 500 index reached at least seven new highs in July, the probability of its rise in August was only 36%, and the probability of its rise in the next two months was less than half. The Nasdaq Composite Index has shown stronger resilience, typically rebounding strongly after 4 months, but August still feels like a gamble. (Golden Ten)