It is an old saying in the stock markets, I did not make it up. It is how the rhyme in your topic title continues Did not mean to imply anything regarding monthly performance...
I just always assumed that phrase was coined by rich,fat cat Wall Street types (think Randolph and Mortimer Duke) who could afford to spend the entire summer on vacation at their beach house in The Hamptons after making a killing in the market the previous nine months.
Budget shutdown = recession and rate cuts. ES support at 3800. Banks won't lend and Buffett is avoiding troubled banks.
Seasonality and the Stock Market https://elitetrader.com/et/threads/...st-right-here-baby.335635/page-6#post-4940069 Summary This study covers a 35-year period ... Conclusions: This study not only demonstrates that ... >
%% OK good data; but that title assumes no shorts then\ or inverse ETf's.LOL NO wonder not too many-- or any funds doing that, as you noted first '' 7 years weak period[1950-57 '' - no thanks.] And last 7 years on your chart, no thanks= clearly inferior way would be ''sell in May + go Away'' Thanks Andy+ personal would you do that headline?? SH+ related clearly did not get the sell in May+ go away message ,today; not the go away part anyway-12 :55 CST. Markets close in 2 hours
Don't you think the good times eventually will run out of steam? You know, with a government shut down or something???
%% LAST time that happened [Pres Trump, WSJ proof]+ markets liked it/uptrend proof . REALLY, you think EPA is actually helping economy?? WE do have cleaner streets since they stopped using horses, but that's not the EPA ,with all due respect. I do think positive earnings did help the uptrend; not a prediction. Good SH + related counterend,today but that'$ not main trend.