Will April's pullback bring 'May flowers’ for stocks? Or is it time to sell in May and go away?

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Will April's pullback bring 'May flowers’ for stocks? Or is it time to sell in May and go away?

seekingalpha05-01

Almost every child recognizes the classic quote, "April showers spring May flowers." On Wall Street, a different popular phrase characterizes the fifth month of the year: “sell in May and go away." ...

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Or is it time to sell in May and go away?","media":"seekingalpha","content":"<div>\n<p>Almost every child recognizes the classic quote, \"April showers spring May flowers.\" On Wall Street, a different popular phrase characterizes the fifth month of the year: “sell in May and go away.\" ...</p>\n\n<a href=\"https://seekingalpha.com/news/4097213-will-aprils-pullback-bring-may-flowers-for-stocks-or-is-it-time-to-sell-in-may-and-go-away\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Will April's pullback bring 'May flowers’ for stocks? 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Or is it time to sell in May and go away?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-01 21:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4097213-will-aprils-pullback-bring-may-flowers-for-stocks-or-is-it-time-to-sell-in-may-and-go-away><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Almost every child recognizes the classic quote, \"April showers spring May flowers.\" On Wall Street, a different popular phrase characterizes the fifth month of the year: “sell in May and go away.\" ...</p>\n\n<a href=\"https://seekingalpha.com/news/4097213-will-aprils-pullback-bring-may-flowers-for-stocks-or-is-it-time-to-sell-in-may-and-go-away\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DIA","symbol_name":"道琼斯ETF","start_time":0,"source_url":"https://seekingalpha.com/news/4097213-will-aprils-pullback-bring-may-flowers-for-stocks-or-is-it-time-to-sell-in-may-and-go-away","article_id":"2432571031","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1393410781/image_1393410781.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2432571031","pubTimestamp":1714568845,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Almost every child recognizes the classic quote, \"April showers spring May flowers.\" On Wall Street, a different popular phrase characterizes the fifth month of the year: “sell in May and go away.\" Wh","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"DIA":"道琼斯ETF","SPY.AU":"SPDR® S&P 500® ETF Trust","QLD":"纳指两倍做多ETF","QQQ":"纳指100ETF","SSO.AU":"SPDR S&P/ASX SMALL ORD FUND","IVV":"标普500指数ETF","TQQQ":"纳指三倍做多ETF","SDOW":"道指三倍做空ETF-ProShares","SSO":"两倍做多标普500ETF","BK4593":"纳斯达克ETF","IVV.AU":"ISHARES S&P 500 ETF/AUS","SDS":"两倍做空标普500ETF","BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","SQQQ":"纳指三倍做空ETF","SH":"标普500反向ETF","DDM":"道指两倍做多ETF","OEF":"标普100指数ETF-iShares","SPXU":"三倍做空标普500ETF","DOG":"道指反向ETF","BK4559":"巴菲特持仓","QID":"纳指两倍做空ETF","BK4550":"红杉资本持仓","BK4588":"碎股","DXD":"道指两倍做空ETF","UDOW":"道指三倍做多ETF-ProShares","SPY":"标普500ETF","UPRO":"三倍做多标普500ETF","OEX":"标普100",".SPX":"S&P 500 Index","VOO":"Vanguard标普500ETF","BK4561":"索罗斯持仓","BK4581":"高盛持仓","BK4504":"桥水持仓"},"translate_title":"4月份的回调会给股市带来“五月花”吗？还是5月份卖了就走了？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DIA":1,"QQQ":1,"QLD":1,"QID":1,"SDOW":1,"IVV.AU":1,"DXD":1,"DOG":1,"DDM":1,"SPY":1,"SPY.AU":1,"SQQQ":1,"SSO.AU":1,"TQQQ":1,"UDOW":1,"VOO":1,"OEF":0.6,"SSO":0.6,"SPXU":0.6,"SH":0.6,"SDS":0.6,"UPRO":0.6,"OEX":0.6,".SPX":0.6,"IVV":0.6,"ESmain":0.6},"content_text":"Almost every child recognizes the classic quote, \"April showers spring May flowers.\" On Wall Street, a different popular phrase characterizes the fifth month of the year: “sell in May and go away.\" Which will apply to the stock market this year? April was a challenging month for the benchmark averages with the blue-chip Dow (DJI) falling by 4.9%, the S&P 500 (SP500) sliding by 4.2% and the tech focused Nasdaq Composite (COMP:IND) handing back 4.5% during the month. From a bull’s perspective, April was a temporary pullback in a broader uptrend, one that allows investors to re-enter the market at a discounted price. This renewed confidence will push stocks higher and lead to the “May flowers” of a rebound. Michael Craig, Managing Director and Head of Asset Allocation at TD Asset Management, takes this view of the situation. \"A little bit of profit-taking, 5% pullback. I don't think there's anything too serious here other than just the market kind of recharging, if you will, and getting set up probably for the next leg higher,” he stated in an investor note. Bears, on the other hand, make their case that the best of 2024 has already taken place, with the S&P 500 already rallying 6.1% through the first four months of trading. In that case, the phrase “sell in May and go away,” rings true. Meb Faber, co-founder and the Chief Investment Officer of Cambria Investment Management, said that the popular sell in May and go away strategy which “invests in the stock market from November – April, then moves to cash from May – October” has “performed mightily since 1950 in the US”. See the chart below, provided by Cambria:  Whether bullish or bearish on the market outlook, investors can turn towards exchange traded funds that track the three benchmark averages as a proxy for any positive or negative moves that are recorded.   Dow focused ETFs: (DIA), (DDM), (UDOW), (DOG), (DXD), and (SDOW).  S&P 500 focused ETFs: (SPY), (VOO), (IVV), (SSO), (UPRO), (SH), (SDS), and (SPXU).  Nasdaq focused ETFs: (QQQ), (QLD), (TQQQ), (QID), and (SQQQ).","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}