Monday funday! Last day of August! Fall is coming and how will the markets react?
Looks like the bears are back!! But will they remain?
🟩 or 🟥?
Today is the last day to guess the weekly market close! Get your guess in by 9:30am for a chance to win 20k sats!
Question:
It appears sell in May and go away appears to be true? Or is it? What do you think? Drop your answer along with today’s guess for the bonus zap
🟥 I'm just reading up about this adage now. I'm always in trade even when I'm losing because I believe any small indicator can change the trend of the market.
🟥 First time hearing about this phrase. This is one thing I like about the Daily Stock Discussion, I tend to learn new things everyday.
🟥 This strategy might go well for long term investors not day traders like me.
🟥 Summer gains remain positive roughly two thirds of the time, meaning exiting the market misses out on compounding long term growth.
🟥 I'm selling nothing only if it's selling futures.
🟥 Modern market dynamics have made it much less reliable.
🟥 Market momentum doesn’t take a a summer break so sitting in the sidelines will cost you
🟥
The strategy works better in theory than in practice, especially since you risk missing dividend payouts and paying extra in short term capital gains taxes.
🟥
It’s an adage because market volatility often dips in the summer, but over the long run, time in the market consistently beats timing the market.
🟥 Historical data shows summer tends to be seasonally weaker, but sticking strictly to the rule means missing out on some of the market's biggest rallies.
Adobe catches a bid?
Bears (🟥) Win: