• As of May 29^th, 2024 and today being the last trading day of the month, the S&P 500 is up 4.6%, enough to qualify for the sixth-best May since 1950. The rebound back to record highs has also pared April’s 4.2% drop. Perhaps April showers bring May flowers is a better market analogy than “Sell in May and Go Away”.
• For the remainder of the year, the S&P 500 has posted respective average and median returns of 4.9% and 6.4% after May. Respective average and median returns bump up to 5.4% and 6.8% during years with a positive May. 

_{Source: LPL Research, Bloomberg 05/30/24}

_{Past performance is no guarantee of future results. All indexes are unmanaged and can’t be invested in directly. The modern design of the S&P 500 stock index was first launched in 1957. Performance back to 1950 incorporates the performance of the predecessor index, the S&P 90}