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If you "went away in May" you missed that 0.55% gain.


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#1 Rogerdodger

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Posted 29 May 2021 - 11:19 AM

The mid month weakness shown in Mike Burk's seasonal chart was not followed by typical PY1 strength.

It was more like an average +0.23% May.

 

But someone will say: "To da Moon in June." (and July...and August... and...etc...)

 

;-)

 

May-PY1.jpg


Edited by Rogerdodger, 29 May 2021 - 11:41 AM.


#2 fib_1618

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Posted 29 May 2021 - 12:29 PM

Interesting to note that both the S&P 400 (Mid Caps) and S&P 600 (Small Caps) both finished positive for May,,,the 13th time of gains in the last 14 months.

 

That's the power of a zero percent interest rate policy and the liquidity it provides to those issues who would be considered "less deserving".

 

Fib


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#3 Rogerdodger

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Posted 30 May 2021 - 08:45 AM

This week Mike Burk's Seasonality Charts for June show a typical PY1 (Presidential Year 1) June 1+% gain for INDU and S&P but a  decline for OTC.