Sell In May? Various S&P 500 Index 6-Month Returns

Sell In May? Various S&P 500 Index 6-Month Returns The next 6 months are historically the weakest for the S&P 500, but there is still potential for stock market gains during this period, despite the historical tendency for weaker performance. Image: Carson Investment Research

Sell in May and Go Away – Performance of the S&P 500

Sell in May and Go Away – Performance of the S&P 500 The next 6 months have been the worst on average, but the S&P 500 has been higher 7 of the past 8 years during the May to October period. Image: Barron’s

Sell in May and Go Away Is a Myth

Sell in May and Go Away Is a Myth The S&P 500 Total Return from 1928 to 2018 shows that “Sell in May and Go Away” was not a winning strategy. Image: Charlie Bilello

Sell in May and Go Away?

Sell in May and Go Away? Just keep in mind that 2013, 2014, 2015, 2016, 2017 and 2018 were positive in May. Image: Hedgeye Risk Management LLC

Sell in May and Go Away? Maybe Not this Year

Sell in May and Go Away? Maybe Not this Year Because the third-year of a president’s term is positive (91% of the time since 1925) and in six of the past seven years the US stock market has performed very well. Image: MarketWatch

Valuation – Russell 2000 Forward P/E

Valuation – Russell 2000 Forward P/E The U.S. small-cap forward P/E is now above the historical average. This may suggest increased market optimism or expectations for higher future earnings growth in the small-cap segment. Image: BofA US Equity & Quant Strategy

Sell Side Consensus Indicator

Sell Side Consensus Indicator The Sell Side Indicator, which tracks Wall Street strategists’ equity allocation, increased by 22bp in March. The current level suggests that the S&P 500 may experience positive gains over the next 12 months. Image: BofA US Equity and Quant Strategy