WILL AT&T AND FITBIT DECLINE STOCK PRICES IN MAY?
Description
The whole “sell in May and go away” seasonality has been roundly debunked many times over — In a nutshell, while a few select years do show you’d be better off bailing out of stocks before the summer months, on balance it’s not a reliable bet.
That sounds like almost everything relating to the market, doesn’t it?
After all, if investing in stocks were easy, everyone would become a millionaire in short order. But the reality is the best investments present themselves with specific strengths at specific times — and the investors who do the research and pay attention find rewards by being tactical with their trades instead of just chasing broad trends.
Decision Logic
i say it's going to lose. why... AT&T
Telecom giant AT&T Inc. T, -1.34% reported a small gain in its first-quarter earnings, but the fine print showed that was an “adjusted” number. In fact, profits and revenues were both down on a Generally Accepted Accounting Principles basis. Worse, the company said it won’t provide consolidated revenue guidance for the full year “because of the unpredictability of wireless handset sales” — not an encouraging sign for those of us who actually care about real numbers.
11:43PM, May 1, 2017 UTC
11:50PM, May 10, 2017 UTC
2:00PM, May 16, 2017 UTC
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