O'Reilly logo

The UK Stock Market Almanac 2016: Seasonality analysis and studies of market anomalies to give you an edge in the year ahead by Stephen Eckett

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

May market

Market performance this month

One of the most famous sayings in the stock market is “Sell in May”, so it is no surprise that May is one of the weakest months of the year for shares. There are only three months where, since 1970, the market has an average return of below zero in the month – May is one of them (the others are June and September). On average the market falls -0.2% in the month, and the probability of a positive return is below 50%. Since year 2000 performance has been even worse, with an average return of -0.6% for the month.

May is the start of the weaker half of the year (historically the market over November to April greatly outperforms the period May to October). Some investors therefore tend to reduce exposure ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required