- Published: 20 May 2014
- Written by Editor
By Rachel Fox - FoxOnStocks.com
May is the time of year for high schoolers to go to their Prom, a fun-filled ritualistic event that lets students get away from the vigors of studying to dance and party with friends. The Prom is full of excitement and uncertainty, much like the stock market, and, like the stock market, Prom night is filled with terminology proprietary only to its own unique self. Boutonnières, corsages, and cummerbunds…and did you know ‘prom’ is short for ‘promenade?’ Me neither.
May is also a time of year for stock market investors and traders to be aware of a scientifically measured phenomenon called Sell in May and Go Away, a timeframe in which the stock market begins a typical six-month slowdown in performance (May – October), as opposed to its November – April performance.
