koolgal
05-31
🌟🌟🌟If I had followed the "Sell in May and Go Away", I would have missed out on the incredible rally in May with new highs in the S&P500, the Nasdaq and the Dow.

The big underlying catalysts include:

Optimism surrounding a potential US Iran ceasefire extension & the memory stocks skyrocketing to the moon.

Backed by these 2 catalysts, S&P500 scored its 9th consecutive weekly advance - cementing May as one of the single strongest growth months of the entire trading year.

Fortunately for me, I continue to stay invested and saw my index ETFs like $SPDR Portfolio S&P 500 ETF(SPYM)$ blasted to fresh record shattering all time highs in May.

SPYM is a mini version of $SPDR S&P 500 ETF Trust(SPY)$ as it also tracks the S&P500 index with the tiniest expense ratio of 0.02%, perfect for long term investors like me.

Investing can be so simple with SPYM as it does the heavy lifting for me without the angst of individual stock risks.

@Tiger_comments @TigerStars @Tiger_SG

May Recap: Nasdaq New Highs, Will Global Frenzy Carry into June?
US stocks climbed steadily through May and closed the month at fresh record highs. $S&P 500(.SPX)$ finished +5.15%, closing at 7,580 (intraday high 7,599); $NASDAQ(.IXIC)$finished +8.36%, closing at 26,972 (high 27,095); and $NASDAQ 100(NDX)$crossed 30,000 for the first time, closing at 30,333. AI/tech led again. Did you beat the index in May? A healthy bull, or a few leaders propping up a hollow top? Which direction do you favor for June?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • zuma
    05-31
    zuma
    thx
    • koolgal
      Best of luck 🍀🍀🍀
    • koolgal
      Happy Trading next week 🌈🌈🌈💰💰💰
    • koolgal
      May you  have a wonderful weekend 🏖️🏖️🏖️
    • koolgal
      Happy Vesak Day 🎉🎉🎉
    • koolgal
      My pleasure 😊😊😊
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