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home / news releases / SPY - Walking Away In May Worked - June Depends On Developments


SPY - Walking Away In May Worked - June Depends On Developments

The old market adage, “Sell in May and go away” would have worked for you this year. The SPDR S&P 500 (SPY) declined by 6.3% through the month of May. So how does June shape up then? Whether the market recovers its losses or completely collapses will have a lot to do with trade policy developments. If the Administration continues to wage economic warfare on a worldwide scale, then I expect the decline seen in May to accelerate. However, if recent rhetoric regarding tariffs on Mexico and China prove to be just words,

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Stock Information

Company Name: SPDR S&P 500
Stock Symbol: SPY
Market: NYSE

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