Reuters/Stefan WermuthMay is here. And so of course we will now hear the old "sell in May and go away" cliche in markets a lot more often. Liz Ann Sonders, chief investment strategist at Charles Schwab, laid out the data underlying this saying in a post earlier this week: for the last half century, nearly all of the S&P 500's gains have happened between October and April. Sonders noted that the mean return from May to October was 1.3%. From November to April, however, the market has returned 7.1%, on average. And so returns during the summer are weak, not negative.
Comment on The simple reason why 'sell in May' is terrible advice (SPY, SPX)
aoyedele@businessinsider.com (Akin Oyedele), Business Insider
Sun, 05/01/2016 - 5:20am
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more