Sell in May and Go Away
Swing Trading the Stock Market
Ryan Mallory
4.7 • 828 Ratings
🗓️ 29 April 2020
⏱️ 16 minutes
🧾️ Download transcript
Summary
The old saying goes, "Sell in May and Go Away", so are we looking for that popular expression to hold true in 2020 in the midst of a pandemic we call the Coronavirus that has shut down the entire global economy and led to a recession? In the month of April, the stock market has rallied hard off the lows, ignoring all sorts of bad news, and with, earnings season under way, the stock market continues to push higher. In this podcast, discuss the potential that the stock market may finally be ready to sell in May and go away.
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Transcript
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| 0:00.0 | Hey, I'm Ryan Mallory, and this is my swing trading, the stock market podcast. |
| 0:11.3 | I'm here to teach you how to trade in a complex, ever-changing world of finance. |
| 0:16.2 | Learn what it means to trade profitably and consistently, managing risk, avoiding the pitfalls of trading, |
| 0:22.1 | and most importantly, to let those winners run wild. You can succeed at the stock market, |
| 0:27.4 | and I'm ready to show you how. Hey, everybody. This is Ryan Mallory Whistwing, trading the stock |
| 0:32.0 | market. This episode is all about Sell and May, go away. Is that going to hold true for the market going forward? |
| 0:40.4 | We're about done with April. |
| 0:41.3 | It's been probably one of the biggest rallies in market history for the month of April. |
| 0:45.9 | I mean, the thing is taken off off of those March lows. |
| 0:48.3 | So, yeah, if you're one of those people that have held through the entire sell-off, |
| 0:52.7 | this month of April has been a little bit of a breath of fresh air. |
| 0:55.4 | Maybe you got into some lower prices and are looking to see that market rebound go. |
| 1:01.0 | But we've always talked about it, and it's not always held true every year, but the famous market saying is sell and may go away. |
| 1:06.9 | And then come like November time period, you start seeing the volume pick up. |
| 1:10.4 | We get past like the really historically bad months of August, September, and October, |
| 1:15.9 | where a lot of your market crashes happen and a lot of your weak moments and the market |
| 1:19.9 | tend to play out. |
| 1:21.4 | And then you go from November till the end of April and then people repeat the process again. |
| 1:25.5 | They sell in May and they go away. |
| 1:26.8 | They go to the Hamptons. If you're on Wall Street and the rest of us minions, we go and find an Airbnb |
| 1:32.0 | somewhere and we duck out for the summer, I guess, because the volume does always drop off |
| 1:36.5 | in the summertime. It gets very slow and the price swings are far less crazy, I guess you |
... |
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