Published October 16, 2020
The stock market has a pretty good track record for determining who will win a presidential election. The indicator looks at the market return over the three months leading up to the election. A positive return suggests a win for the incumbent. The data below, going back to 1928, shows an 87% success rate for the stock market in picking the ultimate election victor.
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Published March 23, 2018
The theory of “sell in May and go away” is well-known in investment circles. Here is a summary of the theory from CNBC’s Bob Pisani:
It’s that time again: May. Springtime, and time to revisit that old adage — sell in May and go away.
I’ve written many times about this, probably the most famous of Wall Street saws, so I’ll keep this short. (more…)
The investment industry thrives on new products, new ways to invest that are usually just a different marketing spin on the same stuff. The basic investment strategies are well-known. You can endeavor to be a “value” investor buying low and intending to sell high. You can choose to be a momentum or growth investor buying “high” in hopes of selling at even higher prices those companies, industries, sectors, markets that are already moving up. (more…)