Hulbert: Don’t Believe These Old Market Adages

When investors follow popular stock market beliefs and seasonal patterns, the only people who make money are the brokers earnings trading fees from the subsequent buying and selling, writes Mark Hulbert in last week’s USA TODAY. Hulbert, founder of the Hulbert Financial Digest, shared his insights on the following three widely-assumed “strikes” against the market: “Sell in May and go away:” The notion that investors should go to cash on May 1st and not return to the market until Halloween. Hulbert argues that, while over the last ten years the market has tended to show strong performance between Halloween and […]