Normal
My understanding of "Sell in May and go away" is it refers to tax loss selling that usually begins in May and goes until the end of the financial year. So it is May and June combined, not just May. Although I cannot say for sure whether it applies to indexes or just stocks that have under-performed and are likely to be sold at a loss before the end of the financial year.It could also be a complete myth.
My understanding of "Sell in May and go away" is it refers to tax loss selling that usually begins in May and goes until the end of the financial year. So it is May and June combined, not just May. Although I cannot say for sure whether it applies to indexes or just stocks that have under-performed and are likely to be sold at a loss before the end of the financial year.
It could also be a complete myth.
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