zentrader.ca / By Chris Ebert / May 14, 2017
It does not usually take a trader very long to hear sayings about the stock market. Some even seem plausible. Perhaps one of the best known phrases is sell in May and go away. It’s a nice catchy rhyme, and it does have its merits, since summertime often brings on doldrums in which stock prices languish in a sideways choppy move.
But what about the years that stocks skyrocket after May? Selling stocks and going away just because of an old cliche isn’t always the best choice.
The Options Market Stages can be of some help for traders looking to determine whether or not this particular May is a good time to sell and go away.