Go away in May

[johnsmith]

I think there is a saying in the market - Go Away in May …

I've noticed that every year it's coming a little earlier, do you think it's going to become, go away in April?

[uncleharley]

Mar 29, 2023 15:42:28 GMT johnsmith said:

I think there is a saying in the market - Go Away in May …

I've noticed that every year it's coming a little earlier, do you think it's going to become, go away in April?

Nope.   Since the economy is reasonably strong I expect the qtrly earnings reports to be positive. That should keep the market going up until may or probably beyond. 

[oldskeet]

Years back, before I retired, I followed the Sell in May and Come Back After Labor Day Strategy and sold off my equity spiff position as May approached. Come September I would open another spiff position and average in through the third and fourth quarters. And, repeat.

Since retirement about 10 years ago I moved away from the strategy.

[FD1000]

www.investopedia.com/terms/s/sell-in-may-and-go-away.asp

[steelpony10]

johnsmith ,

         Well new markets are supposed to start in November after the poor months of September and October. The end of each market seems to end by May. I shuffle the CEF deck about the end of March and October. I tweak the equity section after I file this years taxes which was today. Personally I don’t read, check or watch anything as much as possible from mid April to October.

          In regards to your OP I quit in mid April by design. As Cramer says “there’s always a bull market somewhere and he’s going to help you find it” so I miss a few. Year round though DCA and reinvestment does work for us and gives us an opportunity to participate in a few market sales which are the most important at this point while we’re away spending.

           

[catdog]

Hi Old Skeet

Around May of 2020 I read a tip from someone on ORI.  I believe it was from you.  As an insurance company you felt they held good investments and were shielded from catastrophic weather related payouts.   In two years I received two special dividends, regular dividends and a 45% total return.  I just wanted to say thank you.  An example of buy in May.

catdog

[johntaylor]

"April is the cruellest month..."?

[steadyeddy]

Apr 1, 2023 21:50:36 GMT johntaylor said:

"April is the cruellest month..."?

Stats say that April is positive 78% of the time if 1Q was positive. 

Macro view says that the Fed is on pause now.. which means it is good news for the market.

[FD1000]

April is one of the best months in the last 15 years for the SP500.

Attachments: