14 Jan 2020
Financial Analyst at REPE Firm
Investors always love to find trends. Can you believe there's a almanac for stock traders book? But all in all, it's based on past trends with evidence to support - i.e. wanting to cash out to buy stuffs during boxing day / Christmas presents. Fund managers going on holiday, hence selling the funds that require monitoring. You could take it with a pinch of salt nonetheless, like how everyone has been saying for a year now that a recession is going to occur but once it occurs, they will go like "I told you so! / I forecasted this would happen!"
Best is to not wasting time on stuff that is out of your control.
December is the tax reporting and holiday period. Most traders I know from the US will take a break in December too. Volume will be lower during this period.
23 Dec 2019
Independent Financial Advisor at Phillip Securities (Jurong East)
I don't try to time the market. Then I'll believe in "Sell in May and Go Away" as well.
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