One of the most enduring of Wall Street axioms – falling somewhere under “buy low and sell high” but above “greed is good” – is to “sell in May and go away” and, indeed, there appeared to be some truth to the saying. Between 1950 and 2012, the Dow Jones gained an average of 7.6% annually during the November-April period, but only 0.4% during May-October. Does “Sell In May and Go Away” still hold true as a viable investment strategy? Not according to my analysis as put forth in this article.
HERE are the details from the original post.
GO HERE for more on the merits of selling in May & going away.
Check out these articles too:
“Sell In May” Often A Big Mistake Historically
Myth Or Reality: ‘Sell In May’
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