Tuesday, May 09, 2017 8:51:49 PM
https://caldaro.wordpress.com/
This adage may be a good candidate
for a self-fulfilling prophecy
or a cliché explanation for why stocks
seem to underperform during certain months.
"Sell in May and go away"
is a reference to the six months from May to October,
when returns historically lag the November-April period.
According to Sam Stovall,
chief investment strategist at CFRA,
the S&P 500 has only gained 1.6% from May to October
(http://www.marketwatch.com/story/are-planets-aligned-for-a-renewed-stock-market-rally-2017-04-24)
versus an average of 6.7%
from November to April since April 1945.
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Minor Wave 4
Minor Wave 4
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