KQED Nightly Business Report May 26, 2015
Will be in control on wall street o the next few months. Its that time of year again when we dust off the barbecue grills and get the beach chairs out. And for many traders and investors, means another look at the old market saying sell in may and go away. Anecdotally some in the market believe the summer months produce rockier swings for stocks. This strategy has produced mixed results at best over the years. According to Market Analytics firm over the last decade the s p 500 has actually posted a nearly 1 gain between memorial day and labor day. Its been positive 60 of the time. But over the...