The prospect of rising interest rates is usually beneficial for financials. Why? Because higher interest rates mean that banks can charge more for their loans. BlackRock Inc is an American multinational investment management corporation based in New York City. It is the world’s largest asset manager with just under $9 trillion in assets under management. It also has an incredible seasonal pattern.

Over the last 10 years, BlackRock Inc has risen ten times between October 11 and December 02. The average gain has been an impressive +10.43%. The largest gain was +17.72% and the lowest gain was 4.14%. Are prices set to rise again?

Major Trade Risks: The main risk to this trade is if there is a sharp correction in stocks on the problem the Fed faces with surging inflation and potentially slowing growth due to supply chain issues.