Here is the classic version of the Sell in May chart:
Source: Chart of the Day
In 2005, we repeated the same view. The market struggled upwards after the May lows, and made some progress (not a whole lot) until Katrina.
Selling in May this year turned out to be a
The bounce that started Wednesday can run for a coupla
weeks to a month or so, but should not be mistaken for anything but a
bounce. This ultimately implies a late Q3/early Q4 low
Quote of the Day
In a Bear market, everyone loses. AAnd the winner is the one who loses the least. -Richard Russell, Dow Theory Letters
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.