QUOTE(killdavid @ May 31 2017, 10:02 AM)
I think Sell in May and go away is based on the generalization that Q1, you have the strong results of last Q4. Q2 is where demand slow down, and Q3 is where companies ramp up to meet seasonal demand in Q4. So you have a slump during mid year of cycle
https://www.investing.com/indices/ftse-mala...historical-dataBased on this limited data, it isn't true :-
Heavy losses happened to
Aug 15
Jan 16
May 17 17,240.32 17,709.36 17,984.55 17,225.97 - -2.39%
Apr 17 17,661.72 17,112.42 17,676.24 17,042.77 - 3.40%
Mar 17 17,080.58 15,749.03 17,080.58 15,741.78 - 8.35%
Feb 17 15,763.92 15,454.80 16,236.96 15,451.46 - 2.18%
Jan 17 15,428.28 14,714.56 15,436.49 14,709.07 - 4.84%
Dec 16 14,715.51 14,378.13 14,786.35 14,290.85 - 2.68%
Nov 16 14,331.50 15,342.21 15,385.81 14,281.92 - -6.61%
Oct 16 15,345.71 15,402.35 15,548.96 15,313.65 - -0.32%
Sep 16 15,394.33 15,193.37 15,499.24 15,052.74 - 1.53%
Aug 16 15,163.02 15,330.43 15,776.16 15,097.35 - -1.10%
Jul 16 15,332.06 15,088.58 15,487.20 14,983.72 - 1.60%
Jun 16 15,090.79 15,244.85 15,484.91 14,673.22 - -1.20%
May 16 15,274.40 15,409.35 15,535.74 15,176.26 - -0.99%
Apr 16 15,426.91 15,613.36 15,812.86 15,359.72 - -1.17%
Mar 16 15,609.69 15,088.04 15,634.67 14,931.60 - 3.25%
Feb 16 15,118.90 15,042.40 15,617.99 14,860.96 - 0.51%
Jan 16 15,042.56 15,961.92 16,141.65 14,815.99 - -5.65%
Dec 15 15,944.13 15,668.20 16,021.91 15,441.96 - 1.88%
Nov 15 15,650.21 15,685.98 16,042.88 15,603.20 - -0.22%
Oct 15 15,683.96 14,701.35 15,788.38 14,687.89 - 6.87%
Sep 15 14,675.94 13,823.87 14,899.48 13,605.36 - 6.57%
Aug 15 13,771.15 16,076.89 16,086.26 13,116.30 - -14.31%
Jul 15 16,071.31 15,809.28 16,229.37 15,209.30 - 2.00%