Sell in May and go away

Discussion in 'Trading' started by Pekelo, May 2, 2023.

  1. TheDawn

    TheDawn

    Where there is the Oktoberfest? LOL Oh yeah...
     
    #41     May 6, 2023
    semperfrosty likes this.
  2. TrAndy2022

    TrAndy2022

    Last edited: May 7, 2023
    #42     May 7, 2023
    murray t turtle likes this.
  3. cosmo88

    cosmo88

    #43     May 7, 2023
  4. Buy1Sell2

    Buy1Sell2

    Right now, we are in an uptrend
     
    #44     May 7, 2023
    murray t turtle likes this.
  5. maxinger

    maxinger

    upload_2023-5-8_8-50-47.png

    Very good trading opportunities in May actually.

    Gold futures day range has been at >20 points or >1% (see lower chart).
     
    #45     May 7, 2023
  6. deaddog

    deaddog

    Do you really think so? I look at the weekly chart of SPY and although I'm seeing higher lows I'm not really seeing higher highs. (418.31 Jan high hasn't been broken)
     
    #46     May 7, 2023
    murray t turtle and Buy1Sell2 like this.
  7. Buy1Sell2

    Buy1Sell2

    Without question--
    upload_2023-5-7_21-49-12.png
     
    #47     May 7, 2023
    murray t turtle likes this.
  8. %%
    I can barely read your/ barchart with no numbersLOL.
    barchart.com has SPY a 100% buy , short med ,+ long term200dma buy.
    But SCHW Market Edge says ''hold...... but do not initiate new positions''
    As of 11;17 CST, monday its still below FRI close+ below FEB Hi.
    Good buy + good bye.
    IF i had known it was going up like this i would have kept my SSO trade longer/LOL:D:D[Edit get sober + do alot of work before October]
     
    #48     May 8, 2023
  9. Pekelo

    Pekelo

    Checking back after 3 weeks, the market has been mostly sideways, SPX 4145 after the current run up and drop.
     
    #49     May 25, 2023
    murray t turtle likes this.
  10. %%
    Good uptrend\ flattened a bit, near top on Donchian channel.
    SCHW Market Edge /SPY = a buy,80%
    barchart.com has a 96% SPY buy;
    SCHW Market Edge is edging a buy on SDS ''mildly improving condition= DO NOT initiate a new short position on SDS'':D:D
    Looks like Ken G of Citadel maybe right, public forecast expect more vol.....as debt deadline [JUNE1-15 ]nears............................................................................
     
    #50     May 25, 2023