Your humble scribe quotes from Investopedia:
Definition of ‘Sell In May And Go Away’
A well-known trading adage that warns investors to sell their stock holdings in May to avoid a seasonal decline in equity markets. The “sell in May and go away” strategy is that an investor who sells his or her stock holdings in May and gets back into the equity market in November – thereby avoiding the typically volatile May-October period – would be much better off than an investor who stays in equities throughout the year.
Your humble scribe offers up the chart for the Nasdaq and the S&P 500, May 2013 to date:
Your humble scribe hereby requests that the fooled-by-randomness season-timing chartslobber crew please
Thank you for your attention