That is what I read from article, but why? Rational, logic behind it?
Except last year sell (SPX) in July and you missed out on 200 points gained in August. Then Sept and October both dropped at the end of those respective months.So selling end of July and buying at end of October seems to be a better strategy than sell in May these days.
Years ago and for a long time (before the days of the "Fed interventionist market"), historically the market was basically flat on average from May-Nov. Nearly all of the gains were made from Nov-May.That is what I read from article, but why? Rational, logic behind it?
eod data is free. looking at sp500 since 1993 may has more ups than downThat is what I read from article, but why? Rational, logic behind it?
Years ago and for a long time (before the days of the "Fed interventionist market"), historically the market was basically flat on average from May-Nov. Nearly all of the gains were made from Nov-May.
Don't know if that correlation exists these days.