Sell in May and go away? The old adage worked only if you were pinpoint accurate and caught the fleeting moment to unload. Today’s market is booting out the old shibboleths one by one as short-term share price increases and decreases appear to follow a new, as-yet-undefined logic. The Wall remains unchanged at 13; new concerns include rising nuclear tensions in the Middle East as well as the start of the Atlantic hurricane season. Remember: Stock fundamentals will always win out, and technical volatility creates opportunities. Stay focused and ready to pounce.
