Sell In May and Go Away: Now A Throwaway Adage

Why Sell In May? “Sell in May” is an old stock market adage that advises investors to sell in May and leave the stock market alone until November. According to Investopedia, the adage identifies May through October as a period of under-performance. The adage survives despite its persistently poor performance as a stand-alone strategy. For … Read more

T2108 Update (May 21, 2014) – Conflicting Signals Turn “Sell In May” to “Stabilize In May”

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are … Read more

Normalization Places Fresh Pressures on the Spring Selling Season – Housing Market Review (May, 2021)

Housing Market Intro and Summary The Spring selling season looked like it started strong for new home sales. The data for April reveal a story evolving differently. Absolute inventories rose for both existing and new homes and yet sales declined. Housing starts also suffered a setback. Median prices of homes soared, especially for new homes, … Read more

Stock Market Rebounded from the Brink of A Real Sell-Off – Above the 40 (May 14, 2021)

Stock Market Commentary Last week featured yet another episode of momentary panic proceeded by a virtual “all clear” signal. In the middle of the week, the S&P 500 (SPY) broke down just as the stock market hit extremes. Subsequently, buyers stepped into the breach. As a result, the very next day, the stock market rebounded … Read more

Stock Market Buyers Counter Sellers With Their Own Line in the Sand – Above the 40 (May 15, 2020)

Stock Market Statistics AT40 = 56.6% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 14.5% of stocks are trading above their respective 200DMAsVIX = 31.9Short-term Trading Call: neutral Stock Market Commentary The week began with sellers finally drawing a line in the sand. The week ended with a counter from … Read more

T2108 Update (May 24, 2016) – Bears and Sellers Stand Down

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are … Read more

T2108 Update (May 22, 2013) – Overbought Period Ends With Blow-Off Tops And Sell Signals

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are highly likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades … Read more

T2108 Update – April 3, 2012 (Traders Eye May for An Excuse to Sell)

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are posted on twitter using the #120trade hashtag) T2108 Status: 55% VIX Status: 15.7% … Read more