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Thursday Outlook: Commodities, Emerging Markets
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We’ve complained often here regarding manipulated and misleading government data. The bottom line is not what I believe but the action of the tape even if it’s built on phony information. If folks can make money by drinking Kool Aid then “here’s looking at you kid” has to be the response.
Today we begin the always fun month of May. The “sell in May and go away” theme will be repeated in the media frequently. A review of that phenomenon is more based on “when” in May you sold when that maxim held true.
Have a pleasant day.
Disclaimer: The ETF Digest maintains positions in MOO, XLB, ILF, GML, IYR and XLE.
We’ve complained often here regarding manipulated and misleading government data. The bottom line is not what I believe but the action of the tape even if it’s built on phony information. If folks can make money by drinking Kool Aid then “here’s looking at you kid” has to be the response.
Today we begin the always fun month of May. The “sell in May and go away” theme will be repeated in the media frequently. A review of that phenomenon is more based on “when” in May you sold when that maxim held true.
Have a pleasant day.
Disclaimer: The ETF Digest maintains positions in MOO, XLB, ILF, GML, IYR and XLE.
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This article has 2 comments:
- syndicat
- 88 Comments
May 01 07:57 AMSame as gold at 1000. Big, big round number!
Remember the Dow Jones Industrials at 1000:
1966, 1968, 1972...6 years to finally get through
the 1000 number (for a couple of months).
- Jonathan Liss, SA Editor
- 100 Comments
May 01 07:59 AMMore by David Fry
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