Weekly Chart Review

Sell in May and Go Away...Not So Fast...

I saw a research piece from Goldman Sachs at the end of the week last week that made the following statement:

“Good starts to the year in the first 5 months, show above average 2H performance for the remaining 7 months.”

On March 4, 1957, the S&P 500 officially expanded to include 500 securities. With that said, I took a look at S&P 500 price returns from 1958 (so that I would have an entire year) to the current year.

I separated the returns into three buckets:

• January - May

• June - December

• Full Year

Let’s look at the results: