Continuation of Sell in May
We've mentioned the famous American market saying 'Sell in May'. It is said that the stock prices, which have been on an upward trend since the beginning of the year, tend to stabilize around this time, as many hedge funds report their earnings in May and November and adjust their portfolios accordingly.
Although originally an American saying, does this also apply to Japan?
Unfortunately, the result turned out just as the saying said. On May 23rd, Japanese stocks plummeted and experienced volatile fluctuations for a while. The main reasons for this were concerns about the early scaling back of monetary easing in the United States and the worsening of the HSBC China Manufacturing Purchasing Managers' Index (PMI) for May, which indicates the outlook for the Chinese economy.
Will stock prices hit bottom in September?
This famous saying has a continuation, 'Don't come back until St. Leger’s day (Don't return to the market until St. Leger's Day, which is a big horse race held on the second Saturday of September)' and 'But remember to come back in September.' Both of these statements are said because there is a tendency for stock prices to hit bottom around September.
Although originally an American saying, does this also apply to Japan?
Unfortunately, the result turned out just as the saying said. On May 23rd, Japanese stocks plummeted and experienced volatile fluctuations for a while. The main reasons for this were concerns about the early scaling back of monetary easing in the United States and the worsening of the HSBC China Manufacturing Purchasing Managers' Index (PMI) for May, which indicates the outlook for the Chinese economy.
Will stock prices hit bottom in September?
This famous saying has a continuation, 'Don't come back until St. Leger’s day (Don't return to the market until St. Leger's Day, which is a big horse race held on the second Saturday of September)' and 'But remember to come back in September.' Both of these statements are said because there is a tendency for stock prices to hit bottom around September.
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Kimihiko OP : It's the season where you have to buy.
Mr. Hirose Takao has turned bullish.
Kimihiko OP : Today is the United Kingdom horse racing day
Saint Leger Day
Famous anomaly of US stocks
Continuation of Sell in May
A day where you return until Saint Leger Day
sell in May and go away.
Don't come back until special treat Leger Day
September is considered the weakest month of the year
Is it time to buy soon?