Time To Sell In May?

Frye Financial |

“Sell in May and go away”1 is probably the most widely cited stock market cliché in history. Every year a barrage of Wall Street commentaries, media stories, and investor questions flood in about the popular stock market adage.  But as Ryan Detrick, CFA, Chief Market Strategist, LPL Financial, explains, “Recently we’ve been noting some potential reasons for at least a pause in the rally, and now the calendar adds another. But amid a backdrop of an improving economy, massive levels of fiscal and monetary stimulus, and rising vaccination rates, we don’t expect any pullbacks to last very long.”  Read more.