Wednesday, May 11, 2016 11:13:38 AM
"Sell in May and go away"?....
From Investopedia: "BREAKING DOWN 'Sell In May And Go Away'
This strategy is based on the historical underperformance of stocks in the six-month period commencing in May and ending in October, compared to the six-month period from November to April. According to the Stock Trader's Almanac, since 1950, the Dow Jones Industrial Average has had an average return of only 0.3% during the May-October period, compared with an average gain of 7.5% during the November-April period."
Well it was a good idea a year ago in May after seeing
the 'head and shoulders' on the dji 2015 chart and may be
forming again...we'll see...here is the current 2016 chart:
From Investopedia: "BREAKING DOWN 'Sell In May And Go Away'
This strategy is based on the historical underperformance of stocks in the six-month period commencing in May and ending in October, compared to the six-month period from November to April. According to the Stock Trader's Almanac, since 1950, the Dow Jones Industrial Average has had an average return of only 0.3% during the May-October period, compared with an average gain of 7.5% during the November-April period."
Well it was a good idea a year ago in May after seeing
the 'head and shoulders' on the dji 2015 chart and may be
forming again...we'll see...here is the current 2016 chart:
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