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<u>MARKET SNAPSHOT</u>: "Sell in May and Go Away"

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trader53 Member Level  Sunday, 05/07/17 06:11:56 AM
Re: trader53 post# 115145
Post # of 133016 
MARKET SNAPSHOT: "Sell in May and Go Away"

Stocks Just Did This For The First Time
Since The Beatles Landed In U.S.


The stock market just did something
it hasn't done in 53 years.


As of Friday,
the S&P 500 moved less than 20 points

in either direction
eight days in a row,
the longest streak
since the Beatles first visited North America.

https://ih.advfn.com/p.php?pid=nmona&article=74519389

_________________________________________________________________


"Sell in May and Go Away":

This adage may be a good candidate
for a self-fulfilling prophecy

or a cliché explanation for why stocks
seem to underperform during certain months.

"Sell in May and go away"
is a reference to the six months from May to October,
when returns historically lag the November-April period.

According to Sam Stovall,
chief investment strategist at CFRA,
the S&P 500 has only gained 1.6% from May to October

(http://www.marketwatch.com/story/are-planets-aligned-for-a-renewed-stock-market-rally-2017-04-24)

versus an average of 6.7%
from November to April since April 1945.

_________________________________________________________________


https://caldaro.wordpress.com/


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