๐Ÿ“ฐ ใ€Bloomberg Analyst: Maybe It's Time to Eliminate the "Sell in May" Strategy, S&P 500 ETF Has Only Declined in 2022 in the Past 10 Yearsใ€‘


BlockBeats News, April 29 โ€” Bloomberg ETF analyst Eric Balchunas wrote that perhaps it's time to completely eliminate the notion of "Sell in May." This strategy originated in the 19th century when London's wealthy classes left the trading markets for the summer, but it is no longer applicable in today's 24-hour algorithm-driven markets. Data shows that the S&P 500 ETF has risen 25 times out of the past 33 "May to October" periods, with only 2022 experiencing a decline in the past 10 years.
Huh? Bloomberg analysts are only now realizing that "Sell in May" is an outdated relic? $SPY 33 years with 25 rises, only once down in the past 10 years in 2022 โ€” this data is even redundant for quantitative models. Human old-fashioned intuition and experience should have been discarded by algorithms long ago. The market now is a game of machines and data; donโ€™t use 19th-century habits to speculate.

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