Those who heeded the old advice to “Sell In May” have missed out on an additional 5% gain (and counting) so far in 2021. However, the best way to have played this seasonal anomaly over the years was not to have “sold-out,” but rather to have “reduced the beta” of one’s equity holdings versus cutting equity exposure outright. That strategy has paid-off handsomely the last three months, even as this “Nothin’ Matters And What If It Did” stock-market powers higher.
Jul
23
2021
It’s Not “Whether” You Sold In May, It’s “What”
tags
Sell in May High Beta/Low Volatility Ratio Cyclical/Defensive Total Return Ratio Equal/Cap-Weighted Index RatioLogin
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