Sell in May & Go Away? The “put up or shut up” campaign continued this week, and once again the bulls managed to advance the field. Yet the victory was uneven. Price pressed higher, broader units joined the march, and several formations moved into or near all-time high territory. However, volume and breadth still have […]

Recent economic concerns have caused consumer sentiment to fall, though spending remains healthy. What do these mixed conditions mean for markets and the economy?

Sell in May & Go Away? Despite a severe hiccup on Friday, the S&P 500 continued its march higher from the March lows, closing the week up 0.13%. The advance was not overwhelming, yet the bulls managed to hold the field. Capital flows and volume were largely neutral, though leaning modestly bullish. Capital inflows led […]

Sell in May & Go Away? Since the rally off the March bottom, the bulls were challenged to put up or shut up. This week, they put up on price, and for the first time in this advance, capital flows finally reported to the front. The bullish party raged on Wednesday, May 6th, as the […]