Maybe This Year, Don’t Sell in May!

“Sell in May and go away” is probably the most widely cited stock market cliché in history.

According to LPL Financial, “every year a barrage of Wall Street commentaries, media stories, and investor questions flood in about the popular stock market adage. This week, we tackle this commonly cited seasonal pattern, while focusing on some reasons it may not apply this year.”

Key takeaways include:

  • The May through October period has historically been the weakest six months for equities.
  • However, the six-month stretch has recently seen higher equity prices.
  • This year, there are factors at play that could lead to equity strength during the next six months.

To read more from John Lynch, Chief Investment Strategist, and Ryan Detrick, CMT Senior Market Strategist,LPL Financial, click here.