By Andrew Monk, CEO of VSA Resources | Monday 16 May 2016
A couple of weeks ago, the FTSE AIM All Share Basic Resources crossed again to the upside on the 200 day moving average. It did this a year ago as well but lost it back, and then some, with the ‘Sell in May and Go Away’ sentiment which was seriously amplified by the Chinese equity market sell off in the summer of last year. The FactSet chart below shows the story.
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