It’s time to throw away the silly Wall Street saying, “Sell in May and go away.”
Yes, trading volume tends to dry up as the mercury rises. More people are on vacation, and there usually isn’t as much big corporate news in late spring and summer as there is in the fall.
That’s why some traders say it’s okay to sit things out until November, when consumer companies start prepping for the holidays. You won’t miss much in the summer. You may even avoid a nasty downturn.
September and October are famous for the 1929 crash, 1987’s Black Monday, the market plunge after 9/11 and the collapse of Lehman Brothers in 2008. But stocks have lately performed well between the fifth and tenth months of the year. If you sold in May and went away over the past few years, you missed out on some big rallies.
The S&P 500 rose nearly 6% from the beginning of last May through the end of October. The blue chip index was up 5% during May through October of 2016 as well.
Hot Blue Chip Stocks To Buy For 2018: Express-1 Expedited Solutions Inc.(XPO)
- [By Jeremy Bowman]
ARecode article in December made waves when it asserted that Home Depot was considering acquiringXPO Logistics(NYSE:XPO), the U.S. leader in last-mile delivery of heavy goods like furniture and appliances. Home Depot already has a close relationship with XPO, naming it its Mid-Size Truckload Carrier of the year in 2015, and was reportedly interested in acquiring it in part to keep it out of the hands of Amazon, which has been ramping up efforts to sell products like furniture, and is also an XPO customer.
- [By ]
XPO Logistics (XPO) : “This stock just won’t come down. “
Over on Real Money, Cramer talks about how to trade the highly unlikely deal between Sprint (S) and T-Mobile (TMUS) . Get more of his insights with a free trial subscription to Real Money.
- [By Jeremy Bowman]
Somebody’s got to deliver all of those products that we’re ordering online, and increasingly, that somebody isXPO Logistics(NYSE:XPO). The freight and logistics company has become the leader in last-mile delivery of heavy goods like furniture and appliances, making it a key partner of retailers like Amazon, IKEA,Wayfair, and Home Depot.
Hot Blue Chip Stocks To Buy For 2018: Stratus Properties Inc.(STRS)
- [By Shane Hupp]
Here are some of the media stories that may have impacted Accern Sentiment’s analysis:
Get Stratus Properties alerts:
Analyzing Stratus Properties (STRS) & City Developments (CDEVY) (americanbankingnews.com) Stratus Properties (STRS) versus City Developments (CDEVY) Financial Survey (americanbankingnews.com) Reviewing Stratus Properties (STRS) and St. Joe (JOE) (americanbankingnews.com) Stratus Properties (STRS) versus City Developments (CDEVY) Head-To-Head Analysis (americanbankingnews.com) Contrasting Stratus Properties (STRS) & St. Joe (JOE) (americanbankingnews.com)
NASDAQ STRS traded down $0.25 during trading hours on Monday, hitting $31.10. The company’s stock had a trading volume of 528 shares, compared to its average volume of 7,123. Stratus Properties has a 52 week low of $26.15 and a 52 week high of $32.15. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.74.
Hot Blue Chip Stocks To Buy For 2018: Ashford Hospitality Trust Inc(AHT)
- [By Logan Wallace]
Ashtead Group (LON:AHT) insider Wayne Edmunds bought 14,260 shares of the stock in a transaction that occurred on Thursday, May 3rd. The shares were bought at an average price of GBX 2,059 ($28.72) per share, for a total transaction of 拢293,613.40 ($409,502.65).
Hot Blue Chip Stocks To Buy For 2018: ASML Holding N.V.(ASML)
- [By Jon C. Ogg]
ASML Holding N.V. (NASDAQ: ASML) was down 2.6% to $197.02 on Friday morning. The stock has a 52-week trading range of $126.03 to $216.00 and a consensus analyst target price of $196.81.