This week marks the 7th down week for the SPX. In the table below, someone tabulated the turns of the index 1/3/6 months after 7 or 8 continuous down weeks. As can be seen in the table below, the market tends to rebound with double digit returns ( 3 out of 4 occasions and 8.57% in 1953) in the ensuing 30 days. Of course past performance does not guarantee future results but it will certainly be interesting times in the next few weeks. Food for thoughts?
Will you "sell in May & go away"?
"Sell in May and go away" is an investment adage warning investors to divest their stock holdings in May. Will you sell, buy, or stay? Share to win coins!
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