Investors usually 'sell in May and go away.' Why that may not work this year

"Sell in May and go away?" Some market participants say it could be better to wait and see this year. The old stock market adage speaks to the phenomenon in which the May-through-October stretch has seasonally borne out to be the worst six-month period of returns for stocks. With traders leaving their desks during the summer months to go on vacation, the drop in liquidity and rise in volatility contribute to the likelihood of sharper drawdowns. But that maxim may not hold up this year. …