Well it's: "Sell in May and Go Away"....and it's still May for a while longer...
So...it seems that Wall Street is planning to spend this summer at the beach and give the amazing spin machine a needed rest.
Gold is up, but still down from it's Panic Plunge of a couple of weeks ago...
And that could be the trend into the Dog Days of Summer...for everything.
Kind of a CONTROLLED FUNK.... A directionless drift....
Sort of like a moody depressed person who'se taking their anti-depressants.
...Not good, Not bad....just "Neutral."
I'D LOOK FOR A NEUTRAL MARKET TILL LABOR DAY...AND ALL THINGS CONSIDERED THAT'S REALLY NOT TOO DEPRESSING...
GIVEN THE GEOPOLITICAL AND MACROECONOMIC BACKGROUND WE ARE STUCK WITH...NEUTRAL IS A GOOD THING.
