It’s that time of year every year where “sell in May and go away” articles and trading recommendations start popping up everywhere. But is sell in May an actual thing that traders should take seriously or is it purely entertainment at this point?

As it turns out, the answer is an unsatisfying “it’s complicated.”

LPL Financial senior market strategist Ryan Detrick recently took an updated look at the sell in May trade, which claims investors should sell stocks at the beginning of may and not buy back in until the beginning of November.

Statistically, there is some truth to the trade from a historical perspective. The six-month stretch from May through October has been statistically the worst six-month stretch for stocks since 1957. However, the S&P 500’s performance during those six months is far from bad. The index has averaged a 1.5% gain overall during that stretch and has traded higher 64.3% of the time. CLICK for complete article

The down-to-earth comments from executives of manufacturing companies in Texas show how the economy has diverged: Many segments are in a fall-of-the-cliff downturn while a few other segments have seen a sudden boost they suspect may not last. This divergence is one of the takeaways – beyond the fall-off-the-cliff movement of the indices – from the Dallas Fed’s Manufacturing Outlook Survey released this morning.

The surveys were collected between April 14 to 22 from executives of 115 unnamed Texas-based manufacturers of all sizes. They track how executives are viewing various aspects at their own businesses…CLICK for complete article

These Charts Put the Historic U.S. Job Losses in Perspective

When recessions hit, it’s not unusual to see millions of jobs lost.

Such episodes are a regular part of the business cycle and when they occur, most businesses do their best to tough things out. Then, as time progresses, it gradually becomes clear that spending must be curtailed, budget cuts must be made, and workers must unfortunately be sent home.

This economic process normally takes months, or even years, to unwind.

But, the COVID-19 pandemic has thrown a wrench into the economic status quo, creating a situation that is incomparable to any previous downturn. Instead of a gradual economic transition to slower growth prospects, business operations have suddenly screeched to a halt with no clear window to resume…CLICK for complete article

As each generation of cell phone networks is developed there is a leap-frog phenomenon with the technologies that enable them. Faster, more efficient networks depend on faster, more efficient components from end to end. There are many components in a cellular network, but one of the basic components is the antenna, and there is no lack of progress in developing advanced antennas to send and receive our cell phone signals faster and more reliably.

As far back as 1993 the MIMO (Multiple Input Multiple Output) antenna has been in use with many wireless networks. The idea is to use more…click for full article