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May 31, 2013

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. " .' ." ' ' . .. , Page6 POST-GAZETTE, MAY 31,2013 Healthy skepticism hasn't motivated much selling. An old belief has lingered on Wall Street for years -- the belief that in- vestors should get out of stocks in May and get back into stocks in October. But here we are in May -- and while analysts are wondering how much more upward progress stocks can make, gains are still occurring. On May 9, the S&P 500 closed at 1,626.67 -- up 1.82% so far for the month after going +1.81% for April.1 A May retreat is hardly a given. You can readily find articles questioning the current rally, insisting a pullback is ahead. After all, didn't stocks swoon in spring 2010 and spring 2011? Wasn't last spring just an aberration? The selloffs of spring 2010 and spring 2011 weren't really prompted by seasonal behav- ior. You had the EU debt crisis, the twin calamities hitting Japan, and the debt ceil- ing fight (and the resulting U.S. credit rat- ing downgrade) occurring. By contrast, across May-September 2012 the S&P 500 rose more than 4%.2 Going back decades, the case for selling in May appears just as inconclusive. Dur- ing 1965-1984, the S&P lost ground 15 times in May -- but that 20-year stretch included a 16-year secular bear market. From 1985- 1997, the S&P 500 never had a down Conditions could support further gains. Earnings are sometimes called the mother's milk of stocks, and we've seen about 5% Q 1 earnings growth. The Fed is still purchas- GONE AWAY?. ! All THAT ZAZZ by Mary N. DiZazzo ;E LL I N and Tell~ Investors Aren't Yet Backing Out of Stocks this SpringCiao Bella, ing $85 billion of Treasuries and mortgage- The marvel of lipstick! It backed securities per month. Hiring has frames our face bringing out picked up. Consumer prices are barely ris- our best features. The color ing. Money is regularly flowing into stock- we choose establishes a first based mutual funds this year for the first impression. It could turn you time since the market down-turn of 2008.4'~ into a Natural Beauty or a Beyond these factors, there is still enough Sultry Goddess! It's impor- optimism on Wall Street to counter skepti- tant how people see us. It's cism. If the current bull market is getting empowering to make our- ing. Then I came across a long in the tooth, few see a bear market selves look and feel our best. Marilyn Monroe lipstick/ quickly emerging. Color on my lips has never makeup line of cosmetics! As recently noted, Morgan failed me. Sometimes it's all Outrageously priced! Stanley chief investment strategist Davidyou need for a quick errand.I'm the gal who is happy Darst maintains an informal 6-point bear However I'm seriously talk- with a couple of great tubes market "checklist" -- and Darst sees noneing color, gloss and shine to of color from Duane Reade, of the six bearish signals currently flash- make a statement. For for- a drugstore makeup haven ing (Fed tightening, recession looming, bond ever I have always favored popular in New York City. It spreads widening, evident investor eupho-bright, deep reds and bur- was too late to think of my ria, stretched stock price valuations, retreat gundy plums. Just a few budget as my finger pressed in small caps + transportation + bank times I tried pale gold, a Buy Now and I was on my stocks). While the Fad's easing may be fu- pearly white and a baby pink. way to lipstick land where in eling the rally more than anything else, QE3 The pale gold was shimmery black and white Marilyn was is still continuing undiminished.~ and really pretty however not featured on the box and tube. The "sell in May~ idea actually emerged on my lips. Friends thought My auction prize was deliv- in Great Britain, not America. Years ago,I looked ill. ered quickly. Carefully open- London brokers would go on holiday in MayUntil recently my fav colorsing the box I spied a set of and head back to their desks in September, have been orange/red or perfect lip prints! This was resulting in thin trading and subdued a pink/red. They make a not going to be an ordinary returns in the interim. Supposedly, this was statement for sure! My con- lipstick application! And it how the "sell in May" pattern originated fidence in whatever I do wasn't! It was truly divine! and it may not even apply in Great Britain shines within me. The creamy orangey red anymore: investors selling the Dow Jones I am truly an EBay surfer! glided on with a matte glaze. STOXX 600 in May and buying back in for I shop for everything here It was love at first sight. September would have lost money in three with fantastic luck. There I glanced in my mirror once of the five years from 2008-12.~ are dozens of Marilyn Monroeagain. Was it the new lip memorabilia. From embroi- color or my smile? Right at Joe Vita may be reached at 781-933-6533 ext.2616 orjoe.vita@trilog!, dared towels, a dollhouse size that very moment I could The opinions voiced in this article are for general information only. They are not intended pin up calendar (which I own) conquer the world! to provide specific advice or recommendations for any individual, to swatches of her clothing Feel the power and feel (Continued on Page 15) for sale! It's all very daunt- great! Announces its Saturday, June 15, 2013 Garden Tour! Read prior weeks' "All That Zazz" columns at Mary is a third-generation cosmetolo- gist and a Massachusetts distributor of Kosmea brand rose hip oil products. She may be contacted at (978) 470-8183 or Explore the hidden gardens and public green spaces of Charlestown at the Gardens for Charlestown Garden Tour on Saturday, June 15a from 10:00 am-3:00 pm. Meet the gardeners of this historic neighborhood and view twelve delightful and varied private gardens. Also, learn about three of our premiere public open spaces as the Friends of Harvard Mall talk about this historic park, the Friends of City Square Park, the newest park created as part of the "Big Dig," provide light refreshments and view the Gardens for Charlestown commu-nity garden which boasts creative urban gar- dening in small spaces. Proceeds of this tour sup- port the Gardens for Charles- town which is a 63 plot community garden and open space. Gardens for Charles- town is a non-profit, all- EAST BOSTON SATELLITE OFFICE Is NOW OPEN MARIE MATARESE 35 Bennington Street, East Boston 617.227.8929 TUES. 10:00 A.M. - 3.00 P.M. THURS. 11:00 A.M.- 2:00 P.M. ACCEPTING Advertisements General Advertisements Sales and Rentals Memorials Legals ADVERTISING WILL MAKE ,4 DIFFERENCE volunteer garden and green space organization estab- lished in 1976. http:// www.gardensforcharlestowrrcom Tickets will be on sale the day of the tour at the Gar- dens for Charlestown. The tour begins at the Gardens for Charlestown community garden which is located at the intersection of Main and Bunker Hill Streets near Sullivan Square. The Sul- livan Square Orange Line MBTA Station is a short walk or both the #92 and #93 Buses which leave from Downtown Crossing and Haymarket Stations stop at the garden. Street parking is also available. Let's Get Movin' b New Balance Foundation's for Fitness East Boston Neighborhood Health Center's Let's Get Movin' Program is hosting a community 5K run/walk along the East Boston Greenway, Bremen Street Park and East Boston Memorial (Airport) Park, 150 Porter Street, East Boston on Saturday, June 1st. Race day registration begins at 9:00 am. Start time is at 10:00 am or register online at Participants from the Let's Get Movin' Program will participate in the run, which is open to all community members. Awards will be given to male and female participants who finish first place in age groups: 8-11, 11-14, 14-18 and 18 and older. The Let's Get Movin' Program is a lifestyle-change pro- gram for children, teens and families that focuses on enhancing fitness and encouraging fun physical activity. The program also teaches basic nutrition. For more infor- mation, contact Josh Hardester at EBNHC: 617-568-4701 ST. JUDE AND ST. ANTHONY NOVENA May the Sacred Heart of Jesus be adored, glorified, loved and preserved throughout the world now and for- ever. Sacred Heart of Jesus pray for us. St. Jude, worker of miracles, pray for us. St. Jude, help of the hopeless, pray for us. St. Anthony, most loving protector and wonder worker, pray for us. Say this prayer 9 times a day and by the 8th day your prayer will be answered. It has never been known to fail. Publication must be promised. My prayers have been answered. Favor received. FJ.B. REDEMPTORIS MATER ARCHDIOCESAN MISSIONARY SEMINARY FOURTH ANNUAL GALA DINNER Honoring Apostolic Nuncio of His Holiness Pope Francis to the United States Archbishop Carlo Maria Vigan6 June 16, 2013, 5 P.M. Four Points by Sheraton, Norwood, MA For information or registration, Contact 617-879-9813 Or