Summertime means summer fun... sunshine and good times.  

But, no amount of clear skies and perfect weather is going to make a difference if the market tanks. Nothing brings gloomy days like a dip in the market.  

Fortunately, summer vibes also brings opportunity for the market. Sunshine is not the only reason people look forward to the summer. Typically, there is an uptick in the market during the summer months.  

Seasonal strength is no mere illusion or wishful thinking. Particularly this summer, things look like there will be an uptick in the market. It may not be to the moon or long, but things may very well be up for a bit.  

While interest rate hikes still remain for June and July, that has long been known and the bulk of the impact has already been priced into the market. Yes, we are still going through a pandemic, but people are learning to live with and through it rather than just put things on pause. Also, the war in Ukraine continues, but that too will come to pass. Finally, the R word, recession, is floating in the air. However, analysts are predicting 2023 or late 2022, not this summer.

Given all these reasons, this summer looks like a relief rally is coming. Many stock analysts are already putting in their predictions. The timing is uncertain, but most are saying it is coming.  

Keep in mind, predictions indicate a relief rally and not a bull market. We may see the market rise this summer, but it probably won't stick around. Just like summer days, the relief rally will be gone faster than expected.  

So, what does this mean for us? I can't tell you what to do. For me personally, I'm going to wait. I am not ready to make any new big purchses yet. I can very well be wrong, but I don't think we hit bottom yet. You can read my thoughts on BTC's bottom here.  

While I wait, I'll also be ready with cash. I'm actively monitoring the situation and will start testing the waters slowly. I'll start stacking in increments closer to summer, while maintaining a cash reserve at all times. I don't want to find myself in a position where a new bottom hits but I don't have any funds.  

I'll also start selling in increments as well. I will probably want to exit all my new positions (not necessarily my older positions) by the end of summer. I imagine my selling to be a bit faster than my purchases. If I miss out on selling at the highest point, oh well. The main idea is that I don't want to be holding any unwanted bags. That would defeat my whole strategy for playing the summer relief rally.  

That's just my summer plans. Let me know how you will be spending the summer.