Sell in June?
Investors lost big if they followed the strategy to 'sell in May and go away.'
It was a rough month for investors who followed the old investing strategy to "sell in May and go away." The stock market hit new highs and the broader economy showed signs of strength.
What does the hot May mean for investors going forward? Should investors sell in June? In our lead story on Investor Beat, our analysts tackle those questions.
Also making news during Friday's market action, and covered in Investor Beat:
Krispy Kreme's (KKD) first-quarter profits rise 33% and shares hit a 9-year high.
Guess (GES) moves higher on stronger-than-expected earnings.
And Lions Gate Entertainment (LGF) gains thanks to strong video sales of the "Twilight" series.
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This is an artificial market created by Bernanke and Co. that now rises on bad economic news
and falls on good news. The Fed will break the US.
I'd keep selling what's too high and buying something that's too low until there's nothing left worth owning.
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'We're not exactly in a uniformly strong market,' says the notably pessimistic newsletter publisher.
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