setting aside old stock market myths
DESCRIPTION
People continue to talk about some of the same stock market myths, and we want to dispel them.TRANSCRIPT
Mullooly Asset Management October 2013
Setting Aside Old Stock Market Myths
Mullooly Asset Management PodcastOctober 7, 2013
Mullooly Asset Management October 2013
Past 50 YearsThe “Halloween Indicator”October 31 through May 1 – Average return
+6.6%
“Sell in May and go away”Average return +0.8%
So far in 2013May 1 through October 5 – S&P 500 +6.8%
Mullooly Asset Management October 2013
September
Historically the worst calendar month each year
Not really the case in 2013
September 2013Dow Jones: +2.6%S&P 500: +2.97%
Mullooly Asset Management October 2013
What’s Your Point?Don’t get sucked into things like:
- “This is historically what happens”- “Typically, ______ is a good month for
stocks”These are predictions (like a weather
forecast)
Mullooly Asset Management October 2013
None of the securities mentioned in this (or any) podcast or video represent past specific recommendations of Mullooly Asset Management.
This video is NOT a recommendation to buy or sell any of the securities mentioned here.
If you’re relying on a podcast for investment advice, you are likely making a huge mistake.
We strongly urge our listeners to consult with their investment advisor before they make a decision to buy or sell any investment.
Mullooly Asset Management October 2013
Mullooly Asset Management, LLC
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