Forget 'Sell in May.' Under Trump, market could be poised for summertime gains

The upcoming six-month period has historically been such a bad stretch for the stock market that Wall Street has an adage for it: "Sell in May and go away." Data compiled by CFRA's Sam Stovall shows the S & P 500 has averaged a gain of just 2% between April 30 and Oct. 31 going back to 1945. Between Oct. 31 and April 30, the benchmark averages an advance of nearly 7%. In recent years, however, investors who sold in May and went away missed out on sharp advances. …