Stock Market Seasonality: A Global Phenomenon by Jay A. Kaeppel
Is yearly seasonality something that is particular to the US stock market, or does it extend to other countries in the same way? Here’s some research you can use to your advantage.
The concept of “sell in May and go away” was first introduced by Yale Hirsch, founder of The Stock Trader’s Almanac, back in the early 1970s. The underlying theory is that the stock market performs better during late winter into early spring than it does from early spring into late winter. Lots of studies have been done that seek to validate the reality of this theory and a whole other batch of studies have been done to try to debunk this theory ...