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home / news releases / SPUU - Don't Sell In May (Or In June Either)


SPUU - Don't Sell In May (Or In June Either)

  • Trading by calendar rules - or any other form of market timing - tends to be a loser’s game.
  • The month of May has historically been flat for stocks, and this May was no exception. The S&P 500 rose just 0.47% this May. Although the Dow rose 1.93%, Nasdaq fell -1.53%, so May remained a "wash."
  • Any measurement of markets over the past 70 years or more must use the Dow Jones Industrials, since the S&P 500 was not formulated until 1957, so constructing a 100-year track record for an equivalent of the S&P is problematic, and yet the Dow is a very narrow, flawed index.

For further details see:

Don't Sell In May (Or In June, Either)
Stock Information

Company Name: Direxion Daily S&P 500 Bull 2X Shares
Stock Symbol: SPUU
Market: NYSE

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