Estee Lauder beats quarterly sales estimates, to cut more jobs | Reuters Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Cosmetics by Estee Lauder are displayed at a cosmetics store in a mall, Mumbai, India, May 28, 2025. REUTERS/Francis Mascarenhas/File Photo Purchase Licensing Rights, opens new tab ANALYSIS · May 1, 2026 · 10:04 AM UTC · ago Blindly following the old Wall Street adage "sell in May and go away" may prove costly, as investors weigh whether to c ...

The market’s May adage no longer applies in the age of air conditioning and algorithmic trading, according to one Bloomberg Intelligence analyst. - MarketWatch photo illustration/iStockphoto One of the most popular pieces of conventional investing wisdom couldn’t be more misguided, according to a recent analysis from Bloomberg Intelligence. For more than a century, the phrase “sell in May and go away, and come back on St. Leger’s Day,” has been treated as dogma by many financial pundits. The logic behind ...

美银对“五月卖出”策略的重新评估 - 美银报告重新审视了“五月卖出并离场”的策略 认为该策略在2026年可能不会奏效 [1] - 美银策略师分析了98年的标普500数据 未发现令人信服的证据表明过早卖出能避开重大下跌 盲目执行反而可能错失额外收益 [2] 季节性表现的具体数据 - 标普500在5月至10月期间的平均涨幅相对较低 为2.4% [3] - 大部分下跌发生在8月至10月的后期 此期间平均下跌0.2% [3] - 回溯至1928年 标普500在9月份平均下跌约1.2% 使其成为投资者最厌恶的月份 [5][6] 2026年的特殊市场背景 - 2026年是美国总统特朗普任期的第二年 历史数据显示在此期间股市有强烈的看涨倾向 [3] - 在类似的总统周期中 标普500在5月有60%的概率出现正回报 [4] - 以科技股为主的纳斯达克100指数表现更积极 在近70%的类似时期中 5月涨幅至少达到2% [4] 策略建议的更新 - 基于研究结果 美银建议将华尔街的经典策略改为“五月买入 七月/八月卖出” [4]