One of the best months of the year from a seasonal perspective (April) is quickly coming to an end, and now investors are set to enter a period of the year that usually produces sub-par returns relative to other periods. There is also a significant difference in performance during the month of May based on whether the stock market is up or down year-to-date through April.
And what about the old saying “Sell in May and Go Away”? Is there any truth to it? Each year the “Sell in May” theory gets trotted out, but we have the data to prove whether investors really should hit the “Sell” button and then wait for six months until November rolls around.
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