{"id":618,"date":"2024-05-02T06:59:07","date_gmt":"2024-05-02T10:59:07","guid":{"rendered":"https:\/\/lineawealth.com\/?p=618"},"modified":"2024-05-02T06:59:07","modified_gmt":"2024-05-02T10:59:07","slug":"justins-market-musings-sell-in-may-may-01-2024","status":"publish","type":"post","link":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/justins-market-musings-sell-in-may-may-01-2024\/","title":{"rendered":"JUSTIN\u2019S MARKET MUSINGS | SELL IN MAY | May 01, 2024"},"content":{"rendered":"<p>Well, as luck would have it, immediately after my last blog on April 10<sup>th<\/sup>\u00a0suggesting we were overdue for a 5% pullback, we happened to get one.\u00a0To be clear, I\u2019d rather be lucky than good and that was a lucky guess.\u00a0As I suggested, this is very normal and not anything to try to plan around.\u00a0We did see some improvement last week, but I think we\u2019ll stay choppy here for a bit.\u00a0Interest rates have shot-up in the market, so unless and until those rates can ease back down, expect volatility.\u00a0The Fed rate decision will certainly be a closely watched event (hint:\u00a0they are unlikely to raise or cut rates).<\/p>\n<p>That brings me to the main point of the blog today.\u00a0There is an old adage in the Investment world that says \u201csell in May and go away.\u201d\u00a0\u00a0This isn\u2019t hating on May.\u00a0Its quite a nice month, BUT it does kick off the seasonally weaker 6 mo period of May-October.\u00a0\u00a0This is compared to the seasonally stronger November \u2013 April stretch.\u00a0But, MOST of the weakness in the May-October is typically found in September and October.\u00a0In fact, May has been higher in 9 of the last 10 years! Hard to suggest that May is the problem.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-619 size-large lazyload\" data-src=\"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/wp-content\/uploads\/sites\/142\/2024\/05\/detrick-1024x823.png\" alt=\"\" width=\"1024\" height=\"823\" data-srcset=\"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/wp-content\/uploads\/sites\/142\/2024\/05\/detrick-1024x823.png 1024w, https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/wp-content\/uploads\/sites\/142\/2024\/05\/detrick-980x787.png 980w, https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/wp-content\/uploads\/sites\/142\/2024\/05\/detrick-480x386.png 480w\" data-sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/823;\" \/><\/p>\n<p>So, as you can see, old adages\/rules-of-thumb\/wives tales are no way to invest. May could turn out to be a great month (and often is), but I think we\u2019ll continue to churn here for a while below all-time highs as we try to figure out the next direction for interest rates.<\/p>\n<p>In the meantime, enjoy the great weather. School is close to being done for the year and then Summer will be here before you know it. And, no \u2013 Don\u2019t sell in May.<\/p>\n<p style=\"font-size: 13px\">source: Past performance is no guarantee of future results. For Illustrative purposes only and not indicative of any actual investment. Investors cannot directly invest in an index. Tracking #572880<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Well, as luck would have it, immediately after my last blog on April 10th\u00a0suggesting we were overdue for a 5% pullback, we happened to get one.\u00a0To be clear, I\u2019d rather be lucky than good and that was a lucky guess.\u00a0As I suggested, this is very normal and not anything to try to plan around.\u00a0We did [&hellip;]<\/p>\n","protected":false},"author":76,"featured_media":619,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","wds_primary_category":0,"footnotes":""},"categories":[11],"tags":[],"class_list":["post-618","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>JUSTIN\u2019S MARKET MUSINGS | SELL IN MAY | May 01, 2024 - Linea Private Wealth Management<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/justins-market-musings-sell-in-may-may-01-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JUSTIN\u2019S MARKET MUSINGS | SELL IN MAY | May 01, 2024 - Linea Private Wealth Management\" \/>\n<meta property=\"og:description\" content=\"Well, as luck would have it, immediately after my last blog on April 10th\u00a0suggesting we were overdue for a 5% pullback, we happened to get one.\u00a0To be clear, I\u2019d rather be lucky than good and that was a lucky guess.\u00a0As I suggested, this is very normal and not anything to try to plan around.\u00a0We did [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/justins-market-musings-sell-in-may-may-01-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"Linea Private Wealth Management\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-02T10:59:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/wp-content\/uploads\/sites\/142\/2024\/05\/detrick.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"964\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Justin Davidson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Justin Davidson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/advisors1.bradcable.com\\\/lineaprivatewealthmanagement\\\/justins-market-musings-sell-in-may-may-01-2024\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/advisors1.bradcable.com\\\/lineaprivatewealthmanagement\\\/justins-market-musings-sell-in-may-may-01-2024\\\/\"},\"author\":{\"name\":\"Justin Davidson\",\"@id\":\"https:\\\/\\\/advisors1.bradcable.com\\\/lineaprivatewealthmanagement\\\/#\\\/schema\\\/person\\\/abdc1940b97b525e5ceae182e4fd6ab8\"},\"headline\":\"JUSTIN\u2019S MARKET MUSINGS | SELL IN MAY | May 01, 2024\",\"datePublished\":\"2024-05-02T10:59:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/advisors1.bradcable.com\\\/lineaprivatewealthmanagement\\\/justins-market-musings-sell-in-may-may-01-2024\\\/\"},\"wordCount\":332,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/advisors1.bradcable.com\\\/lineaprivatewealthmanagement\\\/justins-market-musings-sell-in-may-may-01-2024\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/advisors1.bradcable.com\\\/lineaprivatewealthmanagement\\\/wp-content\\\/uploads\\\/sites\\\/142\\\/2024\\\/05\\\/detrick.png\",\"articleSection\":[\"Blog\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/advisors1.bradcable.com\\\/lineaprivatewealthmanagement\\\/justins-market-musings-sell-in-may-may-01-2024\\\/\",\"url\":\"https:\\\/\\\/advisors1.bradcable.com\\\/lineaprivatewealthmanagement\\\/justins-market-musings-sell-in-may-may-01-2024\\\/\",\"name\":\"JUSTIN\u2019S MARKET MUSINGS | SELL IN MAY | May 01, 2024 - Linea Private Wealth Management\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/advisors1.bradcable.com\\\/lineaprivatewealthmanagement\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/advisors1.bradcable.com\\\/lineaprivatewealthmanagement\\\/justins-market-musings-sell-in-may-may-01-2024\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/advisors1.bradcable.com\\\/lineaprivatewealthmanagement\\\/justins-market-musings-sell-in-may-may-01-2024\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/advisors1.bradcable.com\\\/lineaprivatewealthmanagement\\\/wp-content\\\/uploads\\\/sites\\\/142\\\/2024\\\/05\\\/detrick.png\",\"datePublished\":\"2024-05-02T10:59:07+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/advisors1.bradcable.com\\\/lineaprivatewealthmanagement\\\/#\\\/schema\\\/person\\\/abdc1940b97b525e5ceae182e4fd6ab8\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/advisors1.bradcable.com\\\/lineaprivatewealthmanagement\\\/justins-market-musings-sell-in-may-may-01-2024\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/advisors1.bradcable.com\\\/lineaprivatewealthmanagement\\\/justins-market-musings-sell-in-may-may-01-2024\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/advisors1.bradcable.com\\\/lineaprivatewealthmanagement\\\/justins-market-musings-sell-in-may-may-01-2024\\\/#primaryimage\",\"url\":\"https:\\\/\\\/advisors1.bradcable.com\\\/lineaprivatewealthmanagement\\\/wp-content\\\/uploads\\\/sites\\\/142\\\/2024\\\/05\\\/detrick.png\",\"contentUrl\":\"https:\\\/\\\/advisors1.bradcable.com\\\/lineaprivatewealthmanagement\\\/wp-content\\\/uploads\\\/sites\\\/142\\\/2024\\\/05\\\/detrick.png\",\"width\":1200,\"height\":964},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/advisors1.bradcable.com\\\/lineaprivatewealthmanagement\\\/justins-market-musings-sell-in-may-may-01-2024\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/advisors1.bradcable.com\\\/lineaprivatewealthmanagement\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"JUSTIN\u2019S MARKET MUSINGS | SELL IN MAY | May 01, 2024\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/advisors1.bradcable.com\\\/lineaprivatewealthmanagement\\\/#website\",\"url\":\"https:\\\/\\\/advisors1.bradcable.com\\\/lineaprivatewealthmanagement\\\/\",\"name\":\"Linea Private Wealth Management\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/advisors1.bradcable.com\\\/lineaprivatewealthmanagement\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/advisors1.bradcable.com\\\/lineaprivatewealthmanagement\\\/#\\\/schema\\\/person\\\/abdc1940b97b525e5ceae182e4fd6ab8\",\"name\":\"Justin Davidson\",\"url\":\"https:\\\/\\\/advisors1.bradcable.com\\\/lineaprivatewealthmanagement\\\/author\\\/justin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"JUSTIN\u2019S MARKET MUSINGS | SELL IN MAY | May 01, 2024 - Linea Private Wealth Management","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/justins-market-musings-sell-in-may-may-01-2024\/","og_locale":"en_US","og_type":"article","og_title":"JUSTIN\u2019S MARKET MUSINGS | SELL IN MAY | May 01, 2024 - Linea Private Wealth Management","og_description":"Well, as luck would have it, immediately after my last blog on April 10th\u00a0suggesting we were overdue for a 5% pullback, we happened to get one.\u00a0To be clear, I\u2019d rather be lucky than good and that was a lucky guess.\u00a0As I suggested, this is very normal and not anything to try to plan around.\u00a0We did [&hellip;]","og_url":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/justins-market-musings-sell-in-may-may-01-2024\/","og_site_name":"Linea Private Wealth Management","article_published_time":"2024-05-02T10:59:07+00:00","og_image":[{"width":1200,"height":964,"url":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/wp-content\/uploads\/sites\/142\/2024\/05\/detrick.png","type":"image\/png"}],"author":"Justin Davidson","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Justin Davidson","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/justins-market-musings-sell-in-may-may-01-2024\/#article","isPartOf":{"@id":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/justins-market-musings-sell-in-may-may-01-2024\/"},"author":{"name":"Justin Davidson","@id":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/#\/schema\/person\/abdc1940b97b525e5ceae182e4fd6ab8"},"headline":"JUSTIN\u2019S MARKET MUSINGS | SELL IN MAY | May 01, 2024","datePublished":"2024-05-02T10:59:07+00:00","mainEntityOfPage":{"@id":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/justins-market-musings-sell-in-may-may-01-2024\/"},"wordCount":332,"commentCount":0,"image":{"@id":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/justins-market-musings-sell-in-may-may-01-2024\/#primaryimage"},"thumbnailUrl":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/wp-content\/uploads\/sites\/142\/2024\/05\/detrick.png","articleSection":["Blog"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/justins-market-musings-sell-in-may-may-01-2024\/","url":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/justins-market-musings-sell-in-may-may-01-2024\/","name":"JUSTIN\u2019S MARKET MUSINGS | SELL IN MAY | May 01, 2024 - Linea Private Wealth Management","isPartOf":{"@id":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/#website"},"primaryImageOfPage":{"@id":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/justins-market-musings-sell-in-may-may-01-2024\/#primaryimage"},"image":{"@id":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/justins-market-musings-sell-in-may-may-01-2024\/#primaryimage"},"thumbnailUrl":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/wp-content\/uploads\/sites\/142\/2024\/05\/detrick.png","datePublished":"2024-05-02T10:59:07+00:00","author":{"@id":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/#\/schema\/person\/abdc1940b97b525e5ceae182e4fd6ab8"},"breadcrumb":{"@id":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/justins-market-musings-sell-in-may-may-01-2024\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/justins-market-musings-sell-in-may-may-01-2024\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/justins-market-musings-sell-in-may-may-01-2024\/#primaryimage","url":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/wp-content\/uploads\/sites\/142\/2024\/05\/detrick.png","contentUrl":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/wp-content\/uploads\/sites\/142\/2024\/05\/detrick.png","width":1200,"height":964},{"@type":"BreadcrumbList","@id":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/justins-market-musings-sell-in-may-may-01-2024\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/"},{"@type":"ListItem","position":2,"name":"JUSTIN\u2019S MARKET MUSINGS | SELL IN MAY | May 01, 2024"}]},{"@type":"WebSite","@id":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/#website","url":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/","name":"Linea Private Wealth Management","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/#\/schema\/person\/abdc1940b97b525e5ceae182e4fd6ab8","name":"Justin Davidson","url":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/author\/justin\/"}]}},"_links":{"self":[{"href":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/wp-json\/wp\/v2\/posts\/618","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/wp-json\/wp\/v2\/users\/76"}],"replies":[{"embeddable":true,"href":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/wp-json\/wp\/v2\/comments?post=618"}],"version-history":[{"count":0,"href":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/wp-json\/wp\/v2\/posts\/618\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/wp-json\/wp\/v2\/media\/619"}],"wp:attachment":[{"href":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/wp-json\/wp\/v2\/media?parent=618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/wp-json\/wp\/v2\/categories?post=618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/advisors1.bradcable.com\/lineaprivatewealthmanagement\/wp-json\/wp\/v2\/tags?post=618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}