But the market rallies at some point during almost every other season, too.
In a sense, it worked, since the American market rallied the next morning.
The market then rallied early in the year but is now down 24 percent from its February high.
Then, to the surprise of some, the market rallied and closed little changed.
But the market rallied on Friday, led by technology stocks.
And it is on this hope, he said, that the markets have rallied.
"The buying opportunity usually comes after you have an economic release the market can rally around," he said.
That was slightly higher than analysts had expected, and the market rallied.
The market rallied strongly in the morning, with the help of falling interest rates.
The market rallied slightly in the morning session, but most investors held back.