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4 months ago
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Time to Sell in May?

INTERESTING

One of the most popular investment axioms is about to take over the airwaves: “Sell in May and Go Away.” That’s because the upcoming six months(from May until the end of October) have historically been the weakest six-month stretch of the year, as our LPL Chart of the Day shows:

The Next Six Months Have Been The Worst on Average

Over the next few days, we’ll take a closer look at the reasons you should—or should not—sell in May this year. Stocks are up 25% from the December low, and we’re entering a historically weak seasonal period. However, stocks typically have been up on average these six months and they’ve been up 6 of the past 7 years. “Yes, ‘sell in May’ has a nice longer-term track record,” said Senior Market Strategist Ryan Detrick, “but that doesn’t make it gospel.”

Be on the lookout for more commentary on selling in May in this blog later this week and in our Weekly Market Commentary next week.

IMPORTANT DISCLOSURES

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual security. To determine which investment(s) may be appropriate for you, consult your financial advisor prior to investing. The economic forecasts set forth in this material may not develop as predicted.

All indexes are unmanaged and cannot be invested into directly. Unmanaged index returns do not reflect fees, expenses, or sales charges. Index performance is not indicative of the performance of any investment. All performance referenced is historical and is no guarantee of future results.

Investing involves risks including possible loss of principal. No investment strategy or risk management technique can guarantee return or eliminate risk in all market environments.

This research material has been prepared by LPL Financial LLC.

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5 months ago
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