ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
May 6, 2023 | Tech Talk for Saturday May 6th 2023
Don Vialoux
The Bottom Line
Sell in May and Go Away? Not exactly! The expression is based on expectations that U.S. equity markets peak in the first week in May and bottom at the end of October. The expression is partially true: Most of the gains by the S&P 500 and Dow Jones Industrial Average since 1950 have been realized from November to May: Relative small positive returns and, more important, higher variable returns are realized from May to November, a period known for its greater than average volatility and lower than average volume. Despite lower performance by broadly based U.S. equity indices during the May to November period, seasonal investment opportunities in U.S sectors and individual equities exist including investments in precious metals, biotech and selected utilities and consumer staples industries. In addition, long term U.S. government bonds have recorded favourable seasonal returns from May 8th to August 28th.
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Don Vialoux May 6th, 2023
Posted In: Tech Talk
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