Stocks tend to do well between memorial day and labor day
Stocks tend to do well between memorial day and labor day"
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Memorial Day is often considered the unofficial start of summer in the U.S., and it's also the start of a historically strong season for stocks. The major U.S. stock indexes tend to do
well between Memorial Day and Labor Day. The S&P 500 traded higher 70% of the time from 1971 through 2024. The index gained 1.7% on average during these months, with a median gain of
2.8%. This historical trend may run counter to the Wall Street adage of "sell in May and go away," which points to the seasonal weakness between May and October. However,
considering that the S&P 500 is currently up around 5.6% for the month, selling at the start of May would've set investors back.
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