Sell In May And Go Away

It's a Wall Street aphorism. Why? Well, it just seems like summers are bad for long equity investors. The bigger question? Why are markets soft in the summer? Well...ever been to The Hamptons in the summer? Watch the awesomely weird TV series, Summer House, for details.

Historically, the data would tell you that summer is not a great time to be long equities. They do tend to go down in the summer. Every summer? Not at all. But maybe 2/3 of the time. So the data doesn't help all that much, but maybe if you're on the fence about staying in your investing seat or working on your putting and short game, you opt for the latter and sober up over Labor Day Weekend.