Have you ever heard seasonal market-isms? “Sell in May and Go Away” or how about the “Santa Claus Rally” or “The January Effect”, “Window Dressing”, etc. All these market timing patterns sound nice, but how many are true, or worthwhile to follow? Let’s take a look!
Early May brings around pollen, warmer weather, bar-b-que’s and of course, the beginning of Horse Racing’s three most important races. The Triple Crown of Thoroughbred Racing is a feat not many horses can lay claim to – winning the Kentucky Derby, Preakness Stakes and the Belmont Stakes in the same year.
Thought the hedge fund mentions were in the rear-view mirror? Not so fast… Hedge funds have repeatedly found themselves under the microscope as of late, between the Gamestop saga to the more recent meltdown of Archegos Capital Management.
If you haven’t heard about NFTs yet, you surely will soon. It might be your kids asking you for money to buy “digital playing cards” like NBA Top Shots, or your favorite band/singer’s new album is auctioning off their songs. Recently, a piece of this form of “Digital Art” that anyone can view from their computer fetched $69 million at a Christie’s auction. Wait… What!? And no, that is not a typo.