Summer Expectations
In a world that thinks “sell in May and go away” is true, let’s look at the data to really see what summer trading has in store.
In a world that thinks “sell in May and go away” is true, let’s look at the data to really see what summer trading has in store.
In 2000 the NDX went up for months even though other indexes lagged. That divergence can go on for a long time.
It’s a weird situation out there where a handful of the biggest names are carrying the market again. But not just that they are up, it’s that the rest of the market is actually staying weak. So we need to see the rest of the market get into gear, or we could see the heaviness start to impact the Megas and thus the Indexes.