Has “Sell in May” Gone Away?
Has “Sell in May” Gone Away? Investors aren’t yet backing out of stocks this spring. Healthy skepticism hasn’t motivated much selling. An old belief has lingered on Wall Street for years – the belief that investors should get out of stocks in May and get back into stocks in October. But here we are in May – and while analysts are wondering how much more upward progress stocks can make, gains are still occurring. On May 9, the S&P 500 [...]