Category: 2. Strategy
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SELL in MAY…just got moved up a month
You’ve heard the old Wall Street adage that recommends selling before the seasonal summer slump…it’s been updated for 2014: “SELL in MAY APRIL and walk away.” The S&P500 has broken below its 50 day moving average for the second time this year. Although it’s only off 4% from record highs, the NASDAQ is in near…