Sell in May and Go Away

https://www.schiffradio.com/?powerpress_embed=18782-podcast&powerpress_player=mediaelement-audio

Market Tends to Produce Better Returns in the First 4 Months of the Year

There is an old Wall Street adage: “Sell in May and Go Away”. The reason for that saying is that seasonally, the market tends to produce better returns in the first 4 months of the year, January through April, and then, historically, beginning in May and throughout the summer, the market can generally go down, and I think the time to buy back in is typically September/October.  There are a lot of big down days, down months, crashes, so get out of the market in May, go away and then come back later in the year and buy back what you sold.

Selling Started Right out of the Gate

Today was May 1 and it looked like a lot of people were not going to wait to sell; they were selling right on the open.  The Dow was down all day.  At the worst, it was down better than 300 points but it pared its losses significantly, down just 64.  But the NASDAQ, which was never actually down that much (when the Dow was down 300 the NASDAQ was down only about 25) the NASDAQ ended up positive 64.  The S&P was up just under 7 points.

Read more on SchiffRadio.com

“Earn Up to $2642.60 a Day By Copying this
Little-Known Super Affiliate Secret Weapon…”
Even If You’re a Stone-Cold Newbie with No List, No Clue and No Money…
Photo credit: Bloomberg.com
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s