The old saying “Sell in May and go away” comes from the seasonal weakness the stock market tends to experience between May and October. Historically, the stock market’s top performance on a six-month rolling period is from November through April.
In a June 7 Barchart article about the bullish trend in the S&P 500, I highlighted the bearish trend in the VIX index that send the metric that measures the implied volatility of put and call options on the most diversified U.S. stock market index to 14.04. In that piece, I wrote:
