Sell in May and go away?, Trading strategies for May & the best advice I ever got - Today in Mondy 5/1

Posted May 1st 2008 9:13AM by Allan Halprin
Filed under: Starbucks (SBUX), Exxon Mobil (XOM), Walt Disney (DIS), AT and T (T), IAC/InterActiveCorp (IACI), Money and Finance Today, Burger King Hldgs (BKC)

In the News:

· Exxon Mobil's $10.9 Billion 1Q Profit Misses Wall Street Estimates

· Starbucks Profit Sinks 28%; Will Cut Back Store Openings

· Fed Cuts Interest Rates .25 Point; Hint at Pause

· McCain, Clinton Call for 'Gas Tax Holiday' This Summer

· IAC Earnings a Win-Win for Barry Diller

· Disney Takes Back Disney Stores From Children's Place; Will Shut About 98 Stores

· AT&T Launches TV Service on New Phones, Rivaling Verizon

· Burger King Profit Rises 21%

· Mortgage Rates Creep Higher Again

· Value of College Tuition Called Into Question

Sell in May and Go Away?
As Wall Street comes to the end of what is often called the 'best six months' of the year, investors may be feeling cheated. And concerned. If that was the market at its best, what does the market at its worst look like? The past six months was the worst 'best six months' performance for stocks since 1973. And if market indicators hold up, May through October could be a tough period, as per the old Wall Street saw 'sell in May and go away.' But, in an unusual period on Wall Street, the old seasonal standby doesn't apply. But the opposite might.
Sell what in May and go away? - CNNmoney

Trading Strategies for May
MarketWatch offers advice on how to get your portfolio off the ground this month.
Trading Strategies - MarketWatch

The Best Advice I Ever Got
Billionaire New York City mayor Michael Bloomberg can't remember who told him this, but in the 1970's at Salomon Brothers he was given the advice to first, always ask for the order, and second, when the customer says yes, stop talking. And the worst advice people can take is to react before they've had a chance to think. I think we all say things and wish we hadn't said them. Ready, shoot, aim is not the smartest policy. From tech (Larry Page) to Wall Street (Peter G. Peterson) to the military (David Petraeus) to entertainment (Tina Fey), accomplished people tell Fortune about the advice that most influenced their lives.
The best advice I ever got - FORTUNE

9 Forbidden Foods
Government agencies have outlawed these forbidden foods, but epicures love them. Here's what restaurateurs and other business owners around the U.S. have to say about culinary contraband.
9 forbidden foods - FORTUNE Small Business

Downmarket, But Delicious
Across America consumers are rethinking where they eat. Blame it on the economy, or maybe just applaud some creative chefs who are creating more affordable outposts that belt-tightening diners are responding to.
Taking Fine Dining Downmarket - Portfolio.com

Businesses Reward Those Opting Out of Paper, Plastic
Get discounts and other perks for opting out of paper statements and plastic bags. Here's what retailers and other businesses are currently offering earth-conscious consumers.
Businesses Reward Those Opting Out of Paper, Plastic - SmartMoney

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