There is a saying: Sell in May & go away and don’t come back until St. Leger Day (mid-Sept) - these days, the end point is Oct 31, tied to April 30 through Halloween being calendar’s weakest rolling 6-month stretch. Simple rational thought is that Calendars can't predict markets- Even if seasonality ever worked, it should obviously get priced in that it would stop. People might get out in April to front-run Sell in May
Seasonality; Shift in Calendars!
Seasonality; Shift in Calendars!
Seasonality; Shift in Calendars!
There is a saying: Sell in May & go away and don’t come back until St. Leger Day (mid-Sept) - these days, the end point is Oct 31, tied to April 30 through Halloween being calendar’s weakest rolling 6-month stretch. Simple rational thought is that Calendars can't predict markets- Even if seasonality ever worked, it should obviously get priced in that it would stop. People might get out in April to front-run Sell in May