Call it folklore, tradition, or plain old superstitions, as a society we are full of them—and Wall Street tends to love them. One of the oldest adages on Wall Street is to “Sell in May and go Away.” After a disappointing start to the year, including a difficult April, many may be really thinking if May is the time to derisk—while others may be thinking opportunistically and wondering if April’s showers will bring May flowers.
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