SELL IN MAY?
SELL IN MAY?
James Earnest
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Sun Jun 12, 2011 @ 06:26AM
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A favorite Wall Street saying - "Sell in May and go away." This would have worked well again this year, as the Dow Jones Industrial Average has lost ground for six straight weeks, falling 6.7% since late April.
According to The Wall Street Journal, the Dow Jones Industrial Average over its entire 115-year history, has fallen an average of 0.04% in May, one of three months that have a negative average. (The others are February and September.)
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