CotD observes "The stock market has entered
what has historically been the weakest half of the year. Today’s chart
illustrates that investing in the S&P 500 during the six months of November
through April accounted for the vast majority of S&P 500 gains since 1950. "
click for larger graphic
Source: Chart of the Day
"While the May through October period has seen mild gains during major bull
markets (i.e. 1950-56 & 1982-97), the overall out performance during the
months of November through April is nevertheless compelling. Hence the saying,
“sell in May and walk away.”
Note however, that "Selling in May" has not worked in each of
the past two years. As we mentioned previously, I am looking for a
tradable low somewhere in the June/July time frame.
Quote of the Day:
This is one of the peculiarly dangerous months to speculate in stocks. The
others are July, January, September, April, November, May, March, June,
December, August and February."
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.