The past few days I’ve been counting down the most popular commentaries over the past year. China, commodities and bond fund popularity were big hits; so were the Surprises in Gasoline, Oil and Resources Stock Prices. Here are the top four.
-Frank Holmes, CEO & chief investment officer, U.S. Global Investors
4. Sell in May and Go Away? Not this Year
Sometimes it’s the headline that attracts readers, and this is definitely one that gained a great deal of attention. More than 7,000 Seeking Alpha readers checked out the commentary and many left some pretty energized comments—some agreeing with me, and others with a differing view.
I took on the old adage and argued that there were plenty of reasons for investors not to let their equity positions take a long summer vacation. So how did the S&P 500 Index perform? As shown in the chart below, stocks fell significantly in May, but then went on to have a fantastic summer, with June, July, August and September all remaining in positive territory.