--What does sell in May go away mean in Finance?
The old stock market adage says, “ Sell in May go away, don’t come back until st. Leger Day. ”
A quote which was applicable for the past several years. Referring to market behavior when most currencies depreciated against the USD on the back of better than expected fundamental data and stock with commodity sell-off during the month of May.
Will this old adage be applicable in 2017, or is the Forex market different this year? Especially as the new US president Donald Trump is moving forward with his bold statements, how will sell in May go away be perceived this year?
Register now and join AtoZ Forex Senior Analyst, Edmundas Povilavicius to learn “What does sell in May go away mean in Finance?” and how you can take advantage of this market movement in 2017.