5 Things To Ponder: Sell In May & Go Away
May 2nd, 2014 Lance Roberts
There is an old Wall Street axiom that goes “Sell in May and go away, come again after St. Leger’s day.” Of course, as with all Wall Street axioms, they are viewed by the media to be “valid” only if they work every single year. The reality is that no strategy works all the time. It is the cumulative effect over long periods of time that defines success or failure.
In order to provide some context to today’s selected readings, both for and against this particular “Wall Street wisdom,” I am providing some statistical analysis.
Source: http://www.advisorperspectives.com/dshort/guest/Lance-Roberts-140502-Things-to-Ponder.php
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