“Sell in May and go away” expectations may not work for the stock and crypto markets in 2024.

The reason is the US presidential election.#CarsonInvestment Research analysts conducted a study of market cycles since 1950, according to which in 78% of cases “Sell in May and go away” did not work during US presidential election years. Trading in the stock market from May to November during these years was quite successful for the bulls.

In fact, the more often you hear on social networks that in May you need to sell everything and leave the market, the greater the likelihood (not a guarantee!) that the strategy will not work this time.