The “sell in May go away” thesis has been debunked in 2016, after being a profitable strategy for the last five years. Currently the S&P 500 is up 4.62% since the end of May. The Dow has gained 5.01% and the Nasdaq has surged ahead 6.23%. In late May, in a perspective titled “Pocket Aces: Play or Fold” Holbrook cited that market strength this Summer was a real possibility.
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