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Why investors should ignore the old Wall Street adage ‘Sell in May’


The Wall Street Bull, located in the financial district of New York City.Mike Roy | MCT | Tribune News Service | Getty ImagesThe “sell in May, and go away” strategy isn’t getting much love on Wall Street this year.Market pros acknowledge that history clearly shows the market’s strongest six-month period is November to April, but they also say that’s not necessarily a factor that should shape investors’ plans in any year.”Any investment strategy that you can summarize in a rhyme is probably a bad strategy,” said Jonathan Golub, chief U.S. equity strategist at Credit Suisse. Golub raised his S& …

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