Sell in May & Go Away

JC Parets
May 2, 2023

It's that time of the year again.

I keep being told to 'Sell in May and Go Away'.

But where is it exactly that I'm supposed to go?

Investors continue to be rewarded for owning stocks as both the S&P500 and Nasdaq100 closed out April with their highest Monthly close in a year.

So why do I need to leave?

We're all having such a good time!

I can think of a few reasons.

As bullish as the market has been since last summer, there are certain developments that would warrant a more defensive position.

We went over it all on last night's Live Conference Call.

Premium Members make sure to watch the replay and download the slides here:

Last night was our Monthly Charts strategy session.

We went over all of the major trends across stocks and other assets, which sectors and stocks we want to own this quarter, and what the market would have to do to confirm a major change in trend.

Give it a watch and then let me know what you think!

We love to hear from you.

 

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