Will ‘Sell in May and Go Away’ Take Hold in 2013 After All?
S&P 500 charts from the past decade illustrate why we shouldn't start panicking about the recent market turbulence
Though the bull market and economic expansion was technically still intact in 2011, the summertime of that year was a troubled one for stocks; “Sell in May and go away” would have been prudent advice. Of course, like 2010, there was a clear reason for the weakness in mid-2011… Europe’s sovereign debt crisis reared its ugly head.
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