Sell in May? 🤔
Statistically speaking, over the last 20 years May sees an average of 0.2% upside 75% of the time.
The worst month of the year actually tends to be September, which only closes higher 55% of the time and has an average loss of 0.7%.
There's no reason to try to buy the exact bottom or sell the exact top.
Doing so will burn you out. You'll also have a very low hit rate over time.
Instead? Focus on riding momentum. You may miss the exact low or high, but you'll capture the bulk of the move.
That's what…
A Quick Update on what may determine OPEC Quotas in the H2, 2024
Saudi Arabia's GDP decreased by 1.8% year-on-year in the first quarter of 2024, according to preliminary data. This decline follows a 4.3% decrease in the previous quarter, marking the third consecutive quarter of…
I saw some very angry takes about how the Treasury announcement was supposed to be incredibly bearish and we're all going to die.
Anyone who disagreed was apparently someone who should be relegated to obscurity.
I don't really understand the emotional intensity. It's just a…
I'd like to take a moment to thank all the people on this platform that go out of their way to help others.
A rare breed, indeed.
Who are some of your favorite accounts in that respect and why?
And this bond bear market will likely go on for a while to come. We still have no term premium on longer duration, so you're not being paid more for the additional risk in the form of time committed that you're taking.
With the Fed reluctant to cut much if at all, that tells me…
And this bond bear market will likely go on for a while to come. We still have no term premium on longer duration, so you're not being paid more for the additional risk in the form of time committed that you're taking.
With the Fed reluctant to cut much if at all, that tells me…
What if, and I know it sounds crazy but hear me out...
What if people assumed the halving was bullish, based on prior halvings and therefore decided to front run this one?
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80K Followers 280 Following#DayTrader #SwingTrader NOT a financial advisor. Do not buy or sell based off my tweets. I may be buying, selling, or holding any stock mentioned. Hebrews 13:5
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Also fishing. Fishing is good.
116K Followers 4K FollowingHead of Research, Founder: @topdowncharts
Global Macro & Asset Allocation Research
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NOTE: I will never DM you -- beware of scammers.
101K Followers 389 FollowingStoic trader and investor | since 2013 | driven by Philosophy & Psychology | VC & PE|Tweets are purely for entertainment purposes and not investment advice
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