Buy in May?
Buy in May and stay?
The old Wall Street adage "Sell in May and go away." has dissipated as investors continue to show signs of confidence as stocks close in on a three-month rally.
The old Wall Street adage "Sell in May and go away." has dissipated as investors continue to show signs of confidence as stocks close in on a three-month rally.
For the week, the NYSE rose 2.24% while the NASDAQ shifted .71%.
Since 3/23/09, when the NLX NYSE turned Bullish, the NYSE has gained 11.64%.
Since 3/18/09, when the NLX NASDAQ turned Bullish, the NASDAQ has gained 13.46%.
NLX NYSE +28
NLX NASDAQ +14
These reports express our opinions and suggestions, provided only as a supplement to your own further research and decisions. We take care to assure accuracy of contents, but accuracy is not guaranteed. Past performance does not imply future results.
Comments