History shows July to September is not the hot period for stocks investors may believe
Summer is at hand but do not count on the proverbial summer rally in the stock market. Sure, there is usually a rally sometime during the summer, because there is usually a rally within any three-month span. But that does not mean summer is a hot time for stocks. On average, it is not. That is why there is an old stock market saying, 'Sell in May and go away.' Since 1952, July, August and September have ranked seventh, 10th and 12th of all months in terms of gains for the Standard & Poor's 500 Index. June, which falls mostly in spring but partly in summer, ranks ninth. Most of the ...
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