Sell in May & Go Away effect starts after Memorial Day But
since its nearly impossible to close 200 picks from Caps without wasting an entire day on the internet , I will have to weather the pullback without closing the positions.
Oil should pullback now after gaining nearly 100% from its Jan.-Feb lows. Should head back to $50 and I wouldn't be surprised if it actually goes below $50. There really is no demand right now and the recent surge was just the prior to Memorial day surge we get every year.
Housing starts lowest since 1945 means this will be the worst summer for housing that many of us still alive have ever witnessed.