Chart of the Day
The stock market is about to enter what has historically been the weakest half of the year. Today's chart illustrates that investing in the S&P 500 during the six months of November through April accounted for the vast majority of S&P 500 gains since 1950. While the May through October period has seen mild gains during major bull markets (i.e. 1950-56 & 1982-97), the overall out performance during the months of November through April is nevertheless compelling. Hence the saying, “sell in May and walk away.” Stay tuned...
- What are our latest indicators and studies saying about future stock market trends? Find out now with the exclusive & highly regarded charts of Chart of the Day Plus.
Source - Standard & Poor's
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Quote of the Day
"October. This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February." - Mark Twain
Events of the Day
April 28, 2006 - Arbor Day
April 29, 2006 - NFL Draft begins (ends April 30th)
May 01, 2006 - May Day
May 05, 2006 - Cinco de Mayo (Mexico)
May 06, 2006 - Kentucky Derby
May 09, 2006 - National Teacher Day
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