Local Stock Market Analyst Says to Avoid Stock Market from May to October
Wednesday - May 08, 2013 at 07:52 am
Our next guest has been studying the financial markets and their trends and writing about them for many years. One trend in particular that he believes you should take notice of is the stock market adage: "Sell in May and go away." He says the stock market's best months are usually between November and April, and that studies show it may not be a bad idea to take some or most of your money off the table between May and October.
Sailesh S. Radha is President & Chief Market Strategist for Intermarket Research & Analytics in Blythewood, S.C.