'Sell in May and go away': Does it apply in 2024?

'Sell in May and go away': Does it apply in 2024? The adage posits that stocks tend to underperform in the six months from May to October. The S&P 500 has had positive returns in 75% of summer periods. But bears have been pointing to the outsized market gains since late October.

U.S. Recession Warning Via States Economies Was A False Alarm

Recession Probability Falls After Hitting Double-Top

The probability the U.S. Economy will see a recession begin sometime in the next 12 months has started to fall after hitting a double-top. Recession Probability peaked at 81% in July 2023. The expected timing of rate cuts by the Fed has been slipping later and later during the past six weeks.

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

April was a challenging month for the stock market with the Dow falling by 4.9% and the S&P 500 sliding 4.2%. April's pullback was a temporary pullback in a broader uptrend. Some say the market will rebound and bring 'May flowers' of a rebound.

Weekly Report: what happened at QLD last week (0422-0426)?

Weekly Report: what happened at QLD last week (0415-0419)?

QLD Crowded With Sellers

Reflation Trade Is The New Bullish Narrative

QLD: Large Outflows Detected at ETF

Weekly Report: what happened at QLD last week (0408-0412)?

Why We Won't See A Recession In 2024

The jobs market is unlikely to lead to a recession in 2024. Wage growth continues to trend lower, while a spike in unemployment that would trigger a recession appears unlikely from here. The labour market is cooling, but is expected to begin to tighten in the coming years. The decline in wage growth has been caused by a lack of labour supply.

Weekly Report: what happened at QLD last week (0401-0405)?

U.S. Economic Review And Outlook Q1 2024

Major averages are on pace to close out worst day of trading in nearly a month

Major averages are on pace to close out worst day of trading in nearly a month. The Nasdaq Composite, S&P 500 (SP500), and Dow Jones (DJI) each look like they will end well into negative trading territory. The last time the major averages finished lower on a single day was back on February 13. The Dow Jones looks to erase all gains made since March 20th.

Weekly Report: what happened at QLD last week (0325-0329)?

Weekly Report: what happened at QLD last week (0318-0322)?

ProShares Ultra QQQ declares quarterly distribution of $0.0555

U.S. Recession Probability Nears A Double Top

The odds the U.S. Economy will see a recession start in the next 12 months are nearing a double top. The prospect for a recession has ticked up since bottoming in December 2023. The inversion of the Treasury curve has deepened since then. The Federal Reserve is expected to meet in March 2024 to discuss setting short-term interest rates.

Weekly Report: what happened at QLD last week (0311-0315)?

The U.S. Economic Bust Continues, But A Recession Has Been Delayed