That information is quite misleading. It presumes you sold
before May and had no exposure all month, which is not what the
axiom states. Instead it is sell IN May. Most programs that attempt
to profit from that strategy use a momentum based technical
indicator to exit at some point after May 1st (possibly even after
May) once a sell signal is triggered.
That information is quite misleading.
Sell in May? Since 1990, $SPX closed higher 22 times ...
Posted by chartboy on 5th of May 2021 at 09:57 am
That information is quite misleading. It presumes you sold before May and had no exposure all month, which is not what the axiom states. Instead it is sell IN May. Most programs that attempt to profit from that strategy use a momentum based technical indicator to exit at some point after May 1st (possibly even after May) once a sell signal is triggered.
https://school.stockcharts.com/doku.php?id=trading_strategies:six_month_cycle_macd