Sell in May and go away

[deaddog]

From May last year.

Right now, we are in an uptrend

I have to admit I doubted you last year and was proven wrong.
Although you could have sold in May, gone to a money market fund and jumped back in in Oct.
(See how easy it is to make calls on the left hand side of the chart. )

How do you see the market this year? I'm closing a few more positions than I usually do, as exit rules are being hit.

 

[Overnight]

From May last year.

I have to admit I doubted you last year and was proven wrong.
Although you could have sold in May, gone to a money market fund and jumped back in in Oct.
(See how easy it is to make calls on the left hand side of the chart. )

How do you see the market this year? I'm closing a few more positions than I usually do, as exit rules are being hit.

B1S2 is baffling you with his bullshit. He is getting lucky on up+trends, and riding pullbacks. Have you ever seen him realize losses? No? Well., that is because he does not trade real money. So there you have it, folks.

That is because he doesn't trade real monies.

 

[Pekelo]

Last year it was more like sell in July and go away. Nevertheless if you just held and didn't sell in late July, by late October the market was lower than early May's level. Timing is everything...

Generally you shouldn't be long between mid-summer to mid-autumn.

 

[maxinger]

Only members from eliteinvestor.com has to go away.

Members from elitetrader.com.com please continue to trade to earn money.

 

[v-shape-0DTE]

The sell in May and go away has to be the biggest BS ever. My goodness.

 

[SunTrader]

The sell in May and go away has to be the biggest BS ever. My goodness.

That and the market will never ever go down again, no red days, no 1%, 2%, 3% drops ever again.

 

[Pekelo]

The sell in May and go away has to be the biggest BS ever. My goodness.

I see somebody didn't do his homework....

"“Sell in May and go away” has historically held true to the degree that it starts a six-month period with the weakest performance for stocks relative to the rest of the year."

Now if you ask me I would tweak it to "sell mid-summer until late October".

Further reading for the lazy:


"Sell in May and go away" is a stock market adage based on what the Stock Trader's Almanac calls the "best 6 months of the year." Historical data reveals that the top performing 6-month rolling period, on average, has been November through April. Hence, the saying investors should "sell in May and go away"—and come back in November.

History shows this trading theory has flaws. More often than not, stocks tend to record gains throughout the year, on average. Thus, selling in May generally doesn't make a lot of sense. So, why do some investors tailor their strategy to this calendar-based trading pattern? Well, there is some reasoning behind it.

Since 1990, the S&P 500 has gained an average of about 2% from May through October. That compares with a roughly 7% average gain from November through April. This outperformance is seen not just in large-cap stocks, but also small-cap stocks and global stocks (as measured by respective S&P indexes). What's more, rotational strategies across market caps have historically shown even better average performance."

 

[schizo]

Not sure about going away in May, but you probably will wanna step aside in October. From my own experience, October has always been the most violent month when it came to market selloff.

 

[v-shape-0DTE]

That and the market will never ever go down again, no red days, no 1%, 2%, 3% drops ever again.

We've learned the drops can occasionally happen (still pretty rare), but they never last and you have to always be buying the dip because it's impossible for this market to stay down no matter what.

 

[v-shape-0DTE]

Not sure about going away in May, but you probably will wanna step aside in October. From my own experience, October has always been the most violent month when it came to market selloff.

Maybe QQQ will drop from 500 to 480 and that will be the October "selloff"