06 May Seasonal patterns in shares – should we “sell in May and go away”?
Key Points
- Seasonal patterns in shares gave rise to the saying “sell in May and go away, buy again on St Leger’s Day.”
- However, seasonal patterns can’t always be relied on so while investors should be aware of them, betting on them solely to drive investment decisions is not wise.
- We continue to see shares having reasonable returns this year but expect a more constrained & volatile ride over the rest of the year than was the case in the first three months.
