[Article] Don't Sell in May and Go Away

Originally published at: Don't Sell in May and Go Away | EODHD APIs Academy

“Sell in May and Go Away” has been a popular saying in the financial world for decades. The strategy suggests that investors should sell their stocks in May, avoid the summer months, and return to the market in November. However, a closer examination of historical data and market dynamics reveals that this strategy may not be as effective as it seems, particularly in the context of US markets. In this article, we will explore the reasons why investors should be cautious about following this adage and discuss alternative approaches to navigating the market during the summer months based on the data for S&P500 index performance for the 1929-2023 period. For global markets you can check a great article “Sell in…