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Jul 08 2025

“Blessed” By Breadth?

  • Jul 8, 2025

“Sell In May” has been better advice historically than random chance suggests. Still, that seasonal pattern has so far been “Trumped” this year, with SPX +12% since late-Apr. Technicians tend to view new market highs as bullish, but that’s not always the case. The NYSE Daily A/D Line provides a clue as to whether the mid-year strength is apt to persist.

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager