Bank of America predicts a preelection summer rally, defying the 'sell in May and go away' adage
Bank of America predicts a preelection summer rally, defying the 'sell in May and go away' adage

May Day Mayhem or Summer Sensation?

Folks Buckle up! Bank of America is throwing out the rulebook with the classic 'sell in May' adage as they predict a big summer rally ahead. Who needs a May Day when you can have a summer sensation?

Bear Grylls' Data Dive

Stephen Suttmeier the firm's technical research strategist is taking a plunge into the data and coming up for air with some surprising insights. Forget the history books; this could be a summer to remember for investors.

Presidential Power Play

With the presidential election in the mix Suttmeier's got his eye on the prize. In election years the S & P 500 tends to soar like an eagle in the summer months. Could politics be the secret ingredient for a market boost?

Market Madhouse or Healthy Hike?

Amidst uncertainty and interest rate woes Suttmeier isn't phased. Even with the market jumping into overbought territory he sees it as a sign of a healthy market. Who needs a smooth ride when you can embrace the chaos?


Comments

  • aanessa profile pic
    aanessa
    5/24/2024 4:15:49 AM

    The stock market jungle just got a whole lot more exciting thanks to these unexpected twists and turns!

  • kcotton24 profile pic
    kcotton24
    5/11/2024 8:35:49 PM

    Forget 'sell in May', it's all about 'stay and play' this summer according to Bank of America!