Easter Goodness from the Investment Markets?
Is the Easter Bunny going to bring investors something good in their Easter baskets, or just rotten eggs and stale Peeps?
There’s the old market adage that says you should “sell in May and go away”, and while it may work, the month of April provides a totally different outcome.
It’s historically a pretty good month.
Take a look at the last 10 years shown below, outlined in light green.
April has been pretty darn good, not only for the last 10 years, but overall for several time periods.
So here comes the big disclaimer, and that is that past performance if not an indicator of future performance. No guarantees, just some pretty interesting information.
Thanks to LPL Research and FactSet for the analysis.