Tuesday, August 4, 2009

To Sell or Not to Sell in May

These are all from Bloomberg.

August 4, with the headline, "'Sell in May' Fails as MSCI World Rallies 19%"

Global equity investors who follow the Wall Street axiom to “sell in May and go away” are missing out on the biggest gains in at least four decades.

May 1, with the headline, "'Sell in May' Strategy in U.S. Stocks Seen as Prudent This Year":

"Sell in May and go away'' became a Wall Street axiom two decades ago, thanks to the Stock Trader's Almanac. The strategy may be more compelling than usual for U.S. stock investors this year, according to its editor.

May 4, with the headline, "'Sell in May, Go Away' Unwise This Year, UBS Says":

U.S. investors should stick with stocks and ignore the axiom of “sell in May and go away,” according to David Bianco, UBS AG’s chief equity strategist.

No Arbit commentary is needed.

No comments:

Post a Comment