Halloween Indicator – Sell in May and Go Away

The term “Halloween” always comes with “tricks or treats” in general. In the stock market, based on investor’s behavior the Halloween indicator formed. Sometimes, it refers to the “Sell in May and Go Away” strategy. According to the analysis of Bouman and Jacobsen in 2002, the Halloween indicator effect is strongest in Europe since the … Continue reading “Halloween Indicator – Sell in May and Go Away”