Sell in May and go away is coined when fund managers took leave for summer vacation under normal economic conditions.
Today it is exactly the opposite. Macroeconomic and political environment is in turmoil.
I would say Stay in May and avoid Dismay on missing out good deal in the market. Market has plunged and will continue to go down.
I will stay in market to hunt for Blue Chips that are undervalued with excellent balance sheets and growth prospects. There are a few if we take time to do deeper reading and research.
So please Stay in May, Avoid Dismay. Stay in market to go on bottom fishing expedition.
That is what I will do as a patient long term investor. Stay calm in a turbulent market. Suck the blood in the red market.
Best wishes
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