BlackRock is an American multinational investment management corporation from New York. It was founded in 1988 and BlackRock is now the world’s largest asset manager managing nearly $10 trillion in assets as of October this year. If and when this latest omicron inspired sell-off ends would BlackRock be a good company to buy on a deep dip lower?
Over the last 22 years, BlackRock has risen between Dec 01 and Jan 01. The largest gain has been +29.95% and the largest loss -10.44%. The percentage of winning trades has been 68.18%. The annualised return is 35.95%.
Major Trade Risks: The main risk to this seasonal pattern would be if omicron variant fears result in an even deeper correction in stocks.
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