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'Sell in May' means it's time to get defensive - The Globe and Mail

The Globe and Mail
Brooke Thackray
Published April 30, 2021
unknown/iStockPhoto / Getty Images
Many investors believe that “sell in May” means they need to sell all their stocks and go all to cash when the calendar turns to May. Rather, what they truly need to do is rotate their portfolios to more defensive holdings, which may include holding some cash.
The “sell in May” adage is based on the long-term average trend of the stock market underperforming for the six-month period beginning in early May compared with the other six months of the year.
Looking at the adjusted six-month period from May 6 to Oct. 27, the S&P 500 index has produced an average loss of 0.1 per cent and has been positive 63 per cent of the time from 1950 to 2020. That’s significantly weaker than the 7.7 per cent gain and 72 per cent frequency of being positive in the favourable six-month period for stocks, which runs from Oct. 28 to May 5, during those same years. ....

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Welcome To IANS Live - NATION - All arms of govt working together to deal with the Covid situation: PM

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IANSLive
New Delhi, April 30 (IANS) Prime Minister Narendra Modi on Friday chaired a meeting of the Council of Ministers to discuss the alarming Covid situation in the country.
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Update: 30-April-2021 ....

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Sherry questions govt's business plan for PIA

National
April 29, 2021
ISLAMABAD: Parliamentary Leader of the Pakistan Peopleâs Party (PPP) in the Senate Senator Sherry Rehman Wednesday questioned that government business plan for the Pakistan International Airline (PIA) with splitting a PIA into two firms and said the Parliament has not seen any business plan to reinvigorate PIA.
âTabahi Sarkar has literally crashed PIA by compromising several Pakistani pilots with clean licenses, got the airline grounded in EU capitals after âLicensegateâ, sold PIA assets abroad via crony shell firms and are now cannibalising âold PIAâ to create new business ventures. This is a new low,â she stated while questioning the government business plan for the PIA. ....

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Welcome To IANS Live - INTERNATIONAL - Tunisia tightens control measures amid surging Covid cases

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IANSLive
Tunis, April 29 (IANS) Amid the surge of Covid-19 cases in Tunisia, Tunisian authorities on Wednesday announced a series of stricter prevention and control measures to curb the spread of the virus.
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Update: 29-April-2021 ....

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Michael Lesser has Died, R. I. P; Some Thoughts on Clinton...

While at Syracuse he helped form a local chapter of the Congress on Racial Equality (CORE) and actively fought housing segregation in the school dorms and surrounding community. In 1963, just before taking his oral exams for his PhD, he dropped out and went to work for CORE In Louisiana. Michael stayed with CORE for four years, eventually becoming the Mid-West Regional Field Secretary. He was jailed 11 times, the last time for three weeks under a charge of criminal anarchy, a capital offense. He left CORE when the white staff were asked to leave and moved to San Francisco during the summer of love. ....

United States , Baton Rouge , San Francisco , Lee Harvey Oswald , Harvey Oswald , John Manchester , James Kirkwood , Francis Fruge , Jim Garrison , Ned Touchstone , Ferrie Shaw , Adam Fairclough , Hugh Aynesworth , Maxine Kemp , Aline Woodside , John Rarick , Henry Palmer , Clay Shaw , Louisiana Citizen Council , Louisiana State Police , Congress On Racial Equality , Michael Lesser , Racial Equality , Mid West Regional Field , Civil Rights Struggle , Exalted Cyclops ,