Don't Sell & Go Away in May, Follow These 5 Strategies Instead
AEMAgnico Eagle(AEM) Zacks Investment Research·2024-05-07 23:56

Wall Street regained momentum at the start of May on the back of solid corporate earnings and renewed bets for Fed rate cuts. In fact, major indices have risen in the last three days, with the S&P 500 logging its best three-day run of 2024. Meanwhile, Treasury yields wrapped up the last week with the biggest weekly drop in at least three months. Will the rebound continue for the rest of the month, given the weak seasonal trends? After all, the adage “Sell in May and Go Away” says investors should sell their ...