S&P 500 7,489.72 +0.70% NASDAQ 25,373.85 +1.00% DOW 52,485.03 +0.50% RUT 2,604.40 -0.34% BTC-USD 63,514.00 +0.80% ETH-USD 3,412.60 -0.65% 10-YR 4.12 -0.72% 2-YR 3.86 +0.52% VIX 14.92 -2.67% GOLD 3,288.40 +0.43% WTI 71.86 -1.26% NATGAS 3.14 +1.95% NVDA 188.34 +1.90% MSFT 512.60 -0.28% AAPL 231.09 +0.46% AMZN 228.77 +1.16% GOOGL 196.42 -0.45% META 704.15 +1.41% TSLA 297.50 -2.11% AMD 172.88 +2.38%

S&P 500 7,489.72 +0.70% NASDAQ 25,373.85 +1.00% DOW 52,485.03 +0.50% RUT 2,604.40 -0.34% BTC-USD 63,514.00 +0.80% ETH-USD 3,412.60 -0.65% 10-YR 4.12 -0.72% 2-YR 3.86 +0.52% VIX 14.92 -2.67% GOLD 3,288.40 +0.43% WTI 71.86 -1.26% NATGAS 3.14 +1.95% NVDA 188.34 +1.90% MSFT 512.60 -0.28% AAPL 231.09 +0.46% AMZN 228.77 +1.16% GOOGL 196.42 -0.45% META 704.15 +1.41% TSLA 297.50 -2.11% AMD 172.88 +2.38%

Home / Guides / Markets

Claim check Unsupported

"Sell in May and go away", checked against 40 years of returns

The seasonal pattern is real in the average. It is also smaller than transaction costs in most individual years.

Jun 23, 2026 · 12 min read · by the JMM Research desk

Draft entry. The full analysis for this piece ships with the data pipeline; the dataset it grades against is being assembled.