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/biz/ - Business & Finance

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58292360 No.58292360 [Reply] [Original]

If you have gains this year don't forget to to front run:

SELL IN MAY AND GO AWAY

>> No.58292724

Alright someone explain this meme to me

>> No.58292819
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58292819

>>58292724
This "meme" is a slogan used by Bobo bears in the stock market for over 100 years.
There's another couple sayings about what to do for good friday or passover also (I forgot them though).
Pic rel a book written by a huge bobo fanboy of shorting that explains some of these slogans.

>> No.58292821

>>58292360
Go where? I have no where to go.

>> No.58292839

>>58292819
So it means the bull market will be over? Is this another way they have manipulated markets this whole time?

>> No.58292863

>>58292839
Nah it just means a crabby summer.

>> No.58292878
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58292878

>>58292839
No. May is a down month and typically a pullback after a rally in April.
This fag (OP) is trying to insist you should pull out right now before you make gains instead of waiting for the end of the month to post his Bobo babble.

>> No.58292945

>>58292482

>> No.58293238
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58293238

>>58292945
Is this you?

>> No.58293313
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58293313

>>58292360
So after the ETH ETF pump?

>> No.58294092
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58294092

>>58292360
nah i'd hold
I didn't wait the whole fucking month just to sell my MUMU, money is no longer important here, it's a matter of honor
after all I've already lost too much, if everything burns down I'd rather go down with my ship

>> No.58294172
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58294172

>selling right after the halving
ishygddt

>> No.58294230

>>58294172
Price will go down for may and maybe first half of june, then back up. Up to you if you want to time the market though.

>> No.58295655
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58295655

I dont believe in all this memes mumbo jumbo, All I know is that I went and bought $ssnc the moment it opened, and already did 300% in one day. best move I made this year. gotta be careful now, buy low sell high, that's my only rule.

>> No.58295698
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58295698

>>58292819
fucking meme shillers ruining biz for the noble uncircumcised people.

>> No.58295703

>>58294092
I would sell that mumu and get rid of it... like a bad juju..

>> No.58296269
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58296269

Super has smashed any and all hope I had left. I am in fact selling in may and going away (to my mothers house, again).

>> No.58297089

>>58292724
so basically most stocks historically exhibit a seasonality to their total returns, with q2 being the weakest generally (except for hospitality related businesses). People get their end of year bonuses and tax returns in q4/q1 and spend that money on christmas obligations and whatever else they can find. Thus the money flows into corporate earnings, and thus corporate valuations through buybacks.