id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
fsr-3399	Loviscek, Anthony; Broder, Adam	Perspectives on “sell in May and go away”: A look at recent evidence and implications	2018	20	.pdf	application/pdf	9908	429	66	Today, according to the Stock Trader’s Almanac (Hirsch, 2016), the quote refers to the observation that, since 1950, stock returns, as measured by the Dow Jones Industrial Average, have advanced by nearly 7.5% during the months from November through April but only 0.30% during the months from May through October. Moreover, it is more robust with respect to outliers (e.g., the large drop in stock returns during the financial crisis of 2008–2009) and heavy-tail distributions than the “t” test.	cache/fsr-3399.pdf	txt/fsr-3399.txt