Want to know the Strategy After "Sell in May and Go Away" Check the Review on the Webinar Market Outlook 2022

Entering the second quarter, investors must be familiar with the term “Sell in May and Go Away” (SMGA). The term also refers to the activities of most market participants who tend to sell to avoid losses.

This myth occurs because periodically there are several indicators that occur simultaneously in May, such as announcements of economic growth and other reports.

This seems to have happened in Indonesia in May 2022, as evidenced by the JCI´s fall to a level below 6,700, this was due to the continuous selling action.

In response to this, PT MNC Kapital Indonesia Tbk (BCAP) through one of its business units, MNC Asset Management (MNC AM) held a webinar Market Outlook 2022 with the theme "The End of May´s Myth and Navigate Shifting Market in Fed Policy", on Wednesday, May 25, 2022 at 15.00, which also coincides with the 22nd birthday of MNC AM.

Edwin Sebayang, Director of MNC AM who is also a resource person, said, "This myth seems to be true in Indonesia, it is proven by the decline in the JCI and exacerbated by the collapse of several commodity prices, such as CPO, gold, nickel, and coal," said Edwin.

According to Edwin, at the Market Outlook webinar later, MNC AM will comprehensively discuss why the SMGA myth can occur in Indonesia, and what sentiments affect the market, both domestically and globally. In this webinar, apart from discussing the SMGA myth, it will also discuss how the financial market projections (capital market, bonds, currency and commodities) will be in the second semester of this year.

The webinar, which will be held on May 25, 2022, is open, but limited to 100 participants and free of charge. Later, the participants will get benefits in the form of an e-certificate from MNC AM. Register now by clicking the bit.ly/MarketOutlookMay link.