Economic & Market Report: Hold In May and Stay To Trade
“Sell in May and go away” is an age-old stock market adage. It’s based on the principle that stocks historically have performed better during the period from November to April versus the stretch from May to October. Does this maxim still hold up today? Meaningful historical outperformance. The notion of “sell in May and go away” does have merit. For example, …
Economic & Market Report: Surface Pressure
Summary The S&P 500 hit a new high for the year, but several signs of downside pressure continue to accumulate under the surface. U.S. mid-caps and small-caps are lagging, and the stock market rally has an increasingly narrowing breadth. The potential exists for this pressure to pull stocks back to the downside, but it also offers better entry points for …
Economic & Market Report: No Clear and Present Danger
Investors have no shortage of things to worry about in the current environment. The threat of a looming economic recession, banking crises, and the ongoing debt ceiling debate are just a few of the current threats. As a result, investors are understandably nervous about getting blindsided by a sudden and sharp downside move in the stock market. Fortunately, the market …