%% I like a good uptrend, but that statement ''we'' would have to include those who never did much up trends study , much. Good uptrend, but only a rookie would confuse that with a prediction. Still that was+ is a great line ''old turkey said, it's bull market you know ''LOL
%% WE do remember that average sell -September- red. We, meaning Stock Traders Almanac[ by Hirsch] readers
This is shaping up to be the most bullish May ever. we might not have a single significant red day all month and some of you thought sell in May was a thing.
%% LOL sounds like you are refering to SPY benchmark uptrend weekly , good uptrends; QQQ they were selling a lot , especially considering on a good year it usually beats SPY. Strange , another 25 year young banker -trader dies @ BAC....[Blood clot in heart...... vaccine related??] Good thing I was not trying to swing trade QQQ which I have done; its still underperforming SPY, but did close up past its 50dma losses APR
Well, not exactly. Last year at the first week of August we dropped back to May 1st levels. So you could still have caught the ride going long in August, sitting out May-July.
QQQ: May 2023: +7.88% May 2024: + 6.15% May 2025: + 8.25% and rising. May is one of the most bullish months of the year. Silly post