Sell in May and Go Where? S&P Capital IQ Has an Answer
“Sell in May and go away” may be a more rewarding strategy for investors abandoning the Standard & Poor’s 500 Index if they own some U.S. shares in the next six months, according to Sam Stovall, a strategist at S&P Capital IQ. In a report Monday, he showed the performance of November-April investments in the S&P 500 and May-October stakes in other assets since 1991. Holding the index’s health-care and consumer-staples industry groups in equal amounts each year produced the biggest average annual gain, 13.1 percent.