Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Tams

Sell in May, Go Away...

Recommended Posts

And what do you sell?l :D

 

I'd sell the S&P 500...My neighbor's auto mechanic said that's a bad stock. And trust me on this, my neighbor's auto mechanic knows the CEO of S&P 500 (whatever that company does), so I think he would know what he's talking about.

 

I mean that's just my friend's advice though...I wouldn't want to get in trouble for insider trading or anything. Because this guy is obviously an insider. And he's obviously had great success making trades based on info from his CEO acquaintance...being an auto mechanic and all.

Edited by diablo272

Share this post


Link to post
Share on other sites

Well, your neighbor's auto mechanic should know better ... The S&P 500 is a car racing company. It's like the Daytona 500, but held in Europe -- in Spain & Portugal, actually, so that's why its called S&P. Anyway, it is a good stock, especially if you like cars.

 

Here's a secret for trading: If you look in the parking lots, all the brokers and traders have nice cars. So, since they like cars, they buy new cars and stocks like the S&P 500 will be bullish. Since they like cars so much, they won't let something like the S&P 500 go down. Plus, its summer and that's when all the racing occurs, so car racing stocks are gonna do well in the summer - it's a seasonal effect.

 

See, it's pretty easy when you think about it -- I don't understand why people think trading is so hard. Just apply logic and buy what the brokers and traders like! So, I'd be buying the S&P company and looking to sell other things -- like maybe a ski company since it's May an all the snow has melted and nobody is going to be skiing ...

Share this post


Link to post
Share on other sites

... if you don't want to sell and go away...

 

 

the least you can do is

don't trade commodities this month... it is going to the dogs.

 

 

 

 

(k9)

Share this post


Link to post
Share on other sites

There was a lot about this topic last year, & some did well by doing the opposite in May '09

But whats the take this year ? Most charts are looking Toppy

 

Will Gold make new High ? this summer . .. ? ? ?

 

Why are the media gurus, pundits much quite on the seasonal topic . . . ....(so far )

 

Would much appreciate your views, charts, stats, article-links, etc

 

I am out of my swing longs yesterday; Will daytrade opportunities through the season

 

Short Article

Sell In May And Go Away - Again? | Daily Markets

 

Thanks Minoo

js redirect

Share this post


Link to post
Share on other sites

Man May was also a great time for me as well. I traded CL and TF for most of May with really nice results. Also did a little with the EC and NQ which also had great months. Shoot even my swing trading of stocks was profitable. So sell in may and go away was just a myth for me.

 

With everything going on over in Europe and even here in the U.S. I think this summer could actually be decent. We might not see extreme volatility but I don't think we will go into sideways chop on everything either. If you are worried about things slowing down just cut down on your size.

 

I am way overdue for a vacation as well. Too bad I'm just addicted to trading.

Share this post


Link to post
Share on other sites

I guess this year it might have worked since we declined through mid summer -- of course when to get back onboard is another question -- would have been quite difficult to know that heading into early August the market would rally like it has especially after a rocky first half of the summer.

 

The more things change, the more they.......sometimes? stay the same.

Share this post


Link to post
Share on other sites
I guess this year it might have worked since we declined through mid summer -- of course when to get back onboard is another question ....

 

just buy every time the market flips back above 200 MA.

Share this post


Link to post
Share on other sites

After I commented on 27April @ 4:42 AM in this thread 'Sell in May and Go Away'

 

I am out of my swing longs yesterday; Will daytrade opportunities through the season

 

I got in Plenty of Trouble in May with my firm, which obviously had some disclosure restrictions while one is contracted-out this includes your own Analysis. Nobody gave much notice to passive Blogging etc... Till one day in last May

 

I foolishly was updating the below threads of my endeavours in May

http://www.traderslaboratory.com/forums/2/charting-past-bears-4622-5.html

Refer to the comments & charts posted on 27th April @ 5:36AM (Thread number #47) till 7th May

 

 

No trouble with the markets as I very taken most of the action before I blogged;

But Oh boy! when my firm found out about the so called 'Timely-Updates' here on TL after the 6th May Eventfool trading; This butt got in plenty of Trouble.

 

Further to add insult to their ego, I had commented on 2nd May Sunday

So just playing it Nimble & Safe here with the anticipated volatility; Daytrading with a limited/reduced account

 

(I commented this before their very bullish weekly outlook Mon 3rd May)

Their perceived target was 1300, they thought it will get hit with momentum once market crosses above 1200 & retrace back than. The chief analyst, risk analyst, my manager went all Ape Mad after the Eventfool 6th May and someone pointed them to my comments

 

Its wise always to respect your said contract & meticulously go through it in the first place before you put your name on the .. . . .. line. The agent may say anything and to him it may be routine & sooner the deal is done he gets paid. Its only your and truly your butt on the line once you sign it.

 

In an Institute it doesnot matter how well you do, You do well accordingly. Otherwise you will bear brunt for being right not their way. In Market, even if you get it right you can still get your butt kicked.

 

Should have than taken the opportunity and left gladly; But whether it was (ego, uncertainty, fear or whatever) I chose to stay put; Soon to realise the foolish decision I made. When trouble comes it brews from all the four sides. Any way its recent-history now; Most important that I have me freedom back & learnt me lesson.

 

Market teaches you to be humble in all possible ways, its not that you have climb the mount Everest and can Stick your Pole up for the world to see. I believe one needs to be humble as well as discrete to gain and retain.

 

At times I often wonder if voluntary castration could be a remedy (one leg less of emotion)for traders to take when dealing with this lady (market)

 

Well you can laugh at my expense but dont repeat my mistake which we trader so often do.

 

 

Enjoy Minoo

 

Note: I still have not updated some threads since, will get round it soon. Busy setting up me trading shop

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • PLTR Palantir Technologies stock watch, consolidation at the 81.29 triple support area at https://stockconsultant.com/?PLTR
    • WMT Walmart stock watch, big pullback to 84.84 support area with high trade quality at https://stockconsultant.com/?WMT
    • AXSM Axsome Therapeutics stock watch. pullback to 120.5 gap support area with bullish indicators at https://stockconsultant.com/?AXSM
    • Date: 14th March 2025.   Gold Surges Past Record High as Market Volatility Persists.     Gold Surges Past Record High as Market Volatility Persists Gold surged towards $2,994 per ounce, surpassing its previous high set on Thursday. With a 2.6% rise this week, gold is on track for its most significant gain since November. Meanwhile, gold futures in New York comfortably exceeded the $3,000 mark, reflecting strong investor sentiment toward the precious metal. The robust performance of gold this quarter extends its strong annual rally in 2024. Market uncertainty, exacerbated by the US administration’s aggressive trade policies, has dampened risk appetite for equities, pushing the S&P 500 into correction territory this week. Central bank purchases increased ETF inflows, and bullish forecasts from major banks have further fueled gold’s ascent. Trade Tensions and Market Impact Former President Donald Trump escalated trade tensions by proposing a 200% tariff on European alcoholic beverages, including wine and champagne. Additionally, he reaffirmed his stance on retaining tariffs on steel and aluminium and signalled that reciprocal tariffs on global trade partners could take effect as early as April 2. As we approach the second quarter, reciprocal tariffs could drive another wave of market turbulence, solidifying gold’s appeal as a safe-haven asset. Gold and Equity Market Reactions The upward momentum in gold has also lifted mining stocks, with Australia’s Evolution Mining Ltd. reaching an all-time high. Global holdings in gold-backed ETFs increased to 2,687 tons, marking the highest level since November 2023. Analysts at major banks remain bullish on gold’s trajectory. Macquarie Group recently forecasted a potential spike to $3,500 per ounce in Q2, while BNP Paribas revised its outlook to show gold prices consistently above $3,000. Gold traded at $2,983.50 per ounce in the Asia session, reflecting a 14% year-to-date gain. Meanwhile, silver edged lower after nearing $34 per ounce, while platinum and palladium recorded gains.     US Stock Market Recovery Amid Uncertainty After a sharp sell-off, US stock futures rebounded. Futures tied to the Dow Jones Industrial Average rose 0.4%, while S&P 500 and Nasdaq Composite futures gained 0.6% and 0.8%, respectively. Despite the slight recovery, Wall Street remains on edge following the S&P 500’s descent into correction territory. Trump’s firm stance on tariffs has added to market concerns. During a meeting with NATO’s secretary general, he dismissed any possibility of easing trade restrictions, acknowledging that further market disruptions may lie ahead. Government Shutdown and Economic Indicators Adding to the economic uncertainty, a potential US government shutdown loomed over Wall Street. However, a breakthrough emerged late Thursday as Senate Minority Leader Chuck Schumer signalled a willingness to advance a Republican-led stopgap spending bill. Today the University of Michigan’s consumer sentiment survey is expected to shed light on how consumers are coping with inflation and trade disruptions. Last month’s report indicated weakening economic confidence, which could have further implications for spending trends. Asian Markets Rally Amid China’s Economic Stimulus Asian stock markets saw a strong performance this morning, brushing off Wall Street’s losses. Chinese stocks surged after state-run banks and financial institutions were instructed to support consumer spending. Hong Kong’s Hang Seng Index jumped 2.5% to 24,038.85, while the Shanghai Composite Index gained 1.9% to 3,420.65. In Tokyo, the Nikkei 225 added 0.9%, while Australia’s ASX 200 climbed 0.6%. China’s National Financial Regulatory Administration issued directives aimed at boosting consumer finance, including encouraging credit card usage and providing support for struggling borrowers. Economists, however, argue that broader reforms—such as wage growth and enhanced social welfare—are necessary for sustained economic recovery. Wall Street’s Struggles Amid AI Stock Declines Despite positive economic data, including lower-than-expected wholesale inflation and strong job market indicators, stock market turbulence continued. AI-related stocks, which have been at the forefront of market gains, faced renewed pressure. Palantir Technologies fell 4.8%, Super Micro Computer dropped 8%, and Nvidia fluctuated before closing 0.1% lower. Tesla also struggled, declining 3% and extending its 2025 losses to over 40%. In contrast, Intel shares soared 14.6% after announcing Lip-Bu Tan as its new CEO. Oil Prices and Currency Movements In commodities, US crude oil prices rose by $0.46 to $67.01 per barrel, while Brent crude increased by $0.44 to $70.32 per barrel. The US dollar strengthened to 148.63 Yen, while the Euro dipped slightly to $1.0845. Conclusion Market volatility remains high as investors navigate shifting trade policies, inflation concerns, and economic uncertainties. While gold continues to shine as a safe-haven asset, equity markets face persistent headwinds. As geopolitical and economic developments unfold, traders and investors must remain vigilant in the days ahead.   Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Andria Pichidi HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • ItuGlobal: Our Latest NETELLER VIPs 2025 ITU GLOBAL VIP Members’ Rewards Every calendar year, we choose 2 customers to become our VIPs. They’ve permanently special status with us and they can fund/withdraw Neteller through us, at parallel market rates, whether they open brokerage accounts through us or not.   These are people who funded with the highest amount of Neteller, and who also withdrew the highest amount of Neteller through us.  They would be announced in January each year and added to our list of VIPs. ItuGlobal: Our Latest NETELLER VIPs 2025 Adetoye Oyebanji Babalola: Adetoye O. has started selling large quantities of Neteller to us since the very beginning of our company’s existence. He also sold Perfect Money to us many times, when PM was still available in Nigeria. Besides, he has given us a lot of helpful business advice, which has proven to be invaluable to us. He deserves to become our VIP. Isiaka Adekunle Mohammed: He is a constant buyer. Buying e-currencies and also funding his Instaforex account through us. We thank Isiaka A. for his trust in us and wish him the best in everything he does. Abiodun Lawanson: This is an avid buyer and seller of Neteller. He buys and makes profits and sells back to us. Sometimes when we are not online, he will send an offline message and we will process his order once we come back online. He has thus become our VIP. Source: Ituglobalfx.com.ng  
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.