There’s a reason the old saying “Sell in May and go away” has lasted so long – it’s because seasonality often matters.
For the Nasdaq 100 and the S&P 500, the stretch between May and October has historically been choppier, more volatile, and often less rewarding than in the year’s first few months.
And while it’s true that plenty of summers have produced gains, 2025 isn’t shaping up like one of those times.
Let’s break down why this summer could bring more pain than gains – and why raising cash or playing defense may be the smart move right now.
This post originally appeared at Money Morning.