Is the Phrase Sell in May and Go Away Meaningless?

“As the end of the month rolls closer, you’re bound to hear the famous phrase “Sell in May, and go away” debated a lot.

The idea is that based on historical patterns, you do better if you’re out of the market starting in May and re-entering through the summer.

Of course, some will argue that this is just cherry picking and meaningless noise.

We’ll hold off debating that hear, but we did like this chart from BTIG‘s Dan Greenhaus….”

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