# Best Seasonal Trading Strategies & Signals
Earn money through easy-to-implement strategies / Highly Profitable

The FED Drift

The strategy is that global equity markets will rise before the FOMC meeting. The idea was presented in detail by David O. Lucca and Emanuel Moench in their paper “The Pre-FOMC Announcement Drift” in September 2011. To benefit from the pre-FOMC announcement drift, we buy the night before the FOMC decided the S&P 500. We held this position for a total of 24 hours until the decision was made.

Implementation could be achieved with a Future (e.g. SPX) or Contracts for Difference (CFD`s).