• 847 days Will The ECB Continue To Hike Rates?
  • 847 days Forbes: Aramco Remains Largest Company In The Middle East
  • 849 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,249 days Could Crypto Overtake Traditional Investment?
  • 1,254 days Americans Still Quitting Jobs At Record Pace
  • 1,256 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,259 days Is The Dollar Too Strong?
  • 1,259 days Big Tech Disappoints Investors on Earnings Calls
  • 1,260 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,262 days China Is Quietly Trying To Distance Itself From Russia
  • 1,262 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,266 days Crypto Investors Won Big In 2021
  • 1,266 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,267 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,269 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,270 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,273 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,274 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,274 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,276 days Are NFTs About To Take Over Gaming?
Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

  1. Home
  2. Markets
  3. Other

It's a Long, Long Time From May to November

"Sell in May and go away," is one of the very best, of a very few, meaningful Wall Street sayings. The lesser-known completion is, "Do remember to buy in November." Thus, the year is broken into two parts: May - October, when you should be out of the stock market, and November - April, when you should be invested in stocks.

The first chart below shows the performance of the each of the two periods over the last 35 years. "Random" is the word that first comes to mind, but with a little study, the savage '70s can be seen, as can be the truly remarkable, nifty '90s. But, to see the real value of this axiom, look at the second chart.

"Wow!," is the word that comes to mind.

Unfortunately, May is now upon us, and history suggests a difficult six months.

It goes without saying, but we'll say it anyway: anything can happen in any given year. But, as someone [Damon Runyon?] once put it, "The race does not always go to the swift, nor the battle to the strong, but that's the way to bet."

Go away, and have a nice summer.

Back to homepage

Leave a comment

Leave a comment