Description: All hail Memorial Day weekend. In the tradition of my Miami childhood, â€˜tis the season to don Crockett & Tubbs white pants and flaunt the right to bare arms. Hedgies and traders clad in Sperry Docksiders bolt Gotham for the leafy, saltwater-sprayed indolence of the Hamptons. The marketâ€™s volume dips to a trickle.
Date: May 25, 2012
Questions for Discussions:
- Why do you suppose investor behavior seems to respond to the â€œsell in Mayâ€ theory?
- What is the opinion expressed in this report about the phenomenon?
- What is your thinking on the strategy?