Sell in May and Go Away
Another in the series of Post Bubble Contraction Posts….By Plunger ( Resident Market Historian at Rambus Chartology)
Enjoy !
https://rambus1.com/2019/05/26/weekend-report-sell-in-may-and-go-away/
Another in the series of Post Bubble Contraction Posts….By Plunger ( Resident Market Historian at Rambus Chartology)
Enjoy !
https://rambus1.com/2019/05/26/weekend-report-sell-in-may-and-go-away/
Thanks, Fully, for the post.
As always Plunger analysis is well researched, but we have seen this kind of articles, when ever market falls 10-20% and recovers, but the timing wise so far it not materialized.
Stock market still going up with bumps on the road, PM markets is going down or opposite side.
With Fed support and Trump re election next year, I am not sure , we will have bear market till elections, this scenarios may be 2021-22.
The charts can take any shape based on Fed actions and Trump tweets. With so much money corporates pumping through buy backs 500b-1 trillion dollars, there is low probability this year or next.
They may settle trade war anytime, unless it goes personal egos.
They may let the market to fall another 5-10%, so people on the both sides feel the impact and have Trade deal, then will have another big Rally on good scenario, after that , I don’t see any catalyst keep this market going up.
As seasonality point of view , we can position on short side next 4-5 months, but we see rallies in between.
Only question , I have is, will Fed and Trump can delay the bear market?, I mean unwinding the 10 years bull market and trillions of dollars already spent, lets see.
I wish , I am wrong this time and Plunger is right :).