Calm Before the Storm? --4/29/2014
We all know the phrase, "Sell in May and Go Away." Referring to the stereo-typical summer doldrums in the market. I am not sure why, but I have the nagging feeling in my stomach that we could be getting set up for a summer sell-off...or at least some choppiness. But it seems like every time we have some bad news that sends the market downward, it bounces right back.
Regardless, this is the pattern that is established before sell offs hurt people. The "buy on the dips" mentality begins to take hold and then a downturn takes place.
But only time will tell on that one. I'll be watching...rest assured.