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01:45
Breaking the May curse? Investment bank Oppenheimer proposes a new strategy: Sell in July to prepare for significant buying in October
Glonghui, May 9th|For a long time, "sell in May and go away" has been a seasonal investment adage in Wall Street. Since 1950, the S&P 500 Index has posted an average gain of only 2.1% from May to October, far below the average gain of 7% from November to April of the following year. However, in 2026, a key variable changes the situation: it will be a "midterm election year" under a "second-term president." The renowned Wall Street investment bank Oppenheimer believes that in 2026, investors should “Sell in July for a Big October Buy.” Oppenheimer's technical analysts point out that although midterm election years are usually accompanied by market volatility, under a second-term president, prolonged market weakness is relatively uncommon. According to their analysis, in the midterm election year under a second-term president, the S&P 500 index typically follows a certain pattern: First half of the year: the stock market tends to rebound continuously until April; Mid-year: the rally starts to cool down around July; Third quarter: a seasonal correction occurs; Year-end: the third quarter correction paves the way for a strong rally in the upcoming pre-election year.
01:41
JU surpasses 5 USDT, up more than 14 times since the bottom in February
Foresight News reports that according to market data from Ju.com, JU has surpassed 5 USDT, currently quoted at 5.01 USDT. Compared with the late-February bottom price of 0.357 USDT this year, JU has risen by over 1400%.
01:40
Whirlpool: Middle East conflict leads to “recession-level downturn” in the US home appliance industry
Whirlpool Chairman and CEO Marc Bitzer stated that the war launched by the US and Israel against Iran has heightened consumers' concerns about the cost of living, directly causing a sharp drop in the US consumer confidence index. This has had a severe impact on the US home appliance industry, with the current degree of decline comparable to that during the global financial crisis and even more serious than other recession periods. It is expected that North American industry demand will decrease by about 5% by 2026.
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