Dear %%first_name%%,
Hasn’t the year gone quickly! We’re in May already and a number of investors will be asking whether the old saying “sell in May and go away” will hold true for the stock market this year. Well, there have been developments that make you think a sell off is looking less likely. I discuss this and more in today’s note.
Also in today’s Switzer Super Report, Paul Rickard provides an update on our growth and income portfolios, both of which returned around 1% in April, and have returned more than 5% in the calendar year. And James Dunn takes a look at five ETFs that provide exposure to Europe.
In Buy, Sell, Hold – what the brokers say, BHP was upgraded, while Blackmore was in the not-so-good books. Plus, the Super Stock Selectors like Fisher & Paykel Healthcare and Superloop this week.
And don’t forget to register for this month’s webinar. This Friday 5 May from 12:30pm, Peter Switzer and Paul Rickard will share their views on Telstra and the banks. Send in your questions to subscriber@switzer.com.au before 4pm Thursday 4 May.
Sincerely,
Peter Switzer