Go Away In May? Not If You Own This NASDAQ 100 Stock

Tom Bowley | April 21, 2018 at 11:43 AM   One of the most over used cliches in the stock market, in my opinion, is “go away in May”.  First of all, it’s simply bad investment advice.  Since 1950 on the S&P 500, the May 1st to July 17th period has produced annualized returns of 6.00%.  So if you decide to “go away in May”, where will you park your long-term money in today’s environment and beat 6%?  Granted, that 6% return is not guaranteed, but it is the historical return for the period listed above and it’s not bad considering that a 10 year treasury note yields 2.95%. A better piece of investment advice, based on history and my opinion, is to go away on July 17th.  One other important fact that the “go away in May” folks overlook is that strategy would completely fail to participate in the Russell 2000’s … Continue reading