Before you sell in May, consider this buying strategy
by Jonathan Burton
Market Watch
SAN
FRANCISCO (MarketWatch) — “Sell in May and go away” is the old Wall
Street chestnut imploring investors to steer clear of the U.S. market’s
seasonal weakness between May and October.
It’s good advice — the U.S. market typically suffers from the
summertime blues. For example, since 1979 the Russell 1000 Index has
gained 3.5% in the six months through Oct. 31, versus an advance of 8.3%
in the six months through April 30, according to Ned Davis Research.
The smaller-cap Russell 2000 Index fares even worse, up 0.6% from
late spring into early fall against a 10.7% rise from late fall through
early spring.
Continue Reading at MarketWatch.com…
Please share this article
No comments:
Post a Comment