Trading Justice 423: Sell in May and Go Away?

In this episode, the coaches discuss the market adage 'sell in May and go away' and its relevance in today's market. For nearly 200 years, market participants have used the saying to describe an investor that sold their stocks in May, went on vacation for the summer, and bought back in later in the fall. It's a superstition and commonly used phrase, but, is it a valid bit of advice for markets in 2021? Coach Matt, Mark, Gino, and Tim discuss some of the data regarding market performance in the summer months and debunk some of this market superstition during our feature presentation.

Before that, we analyze markets during our weekly skyline. Stocks continue to consolidate near all-time highs after a busy week of earnings reports. Gold's trend is firming up, Oil continues to hold its range, and Bitcoin bounced off the lows but's still off its all-time highs. Listen in as the coaches discuss the current market conditions and give insights into how they're approaching it.

1:40 Market Skyline

39:20 Sell in May