May. 29 at 6:59 PM
$KLAR “Sell in May and go away” is a quaint market adage that we haven’t heard much this month. After a historically stupendous two-month run, even slight advances in key indices can bring us a trifecta of new records, perpetuating the positive momentum and investor sentiment that has driven the S&P 500 (SPX) higher for nine straight weeks. Selling this May – or in fact, many of the recent prior Mays – has not been a winning trade..