Sell in May and Go Away?

{+++}Not a whole lot to report from last night other than the news that the stress test results will now be delayed. We will see if that in itself will put any stress on the bank stocks today. The market looked tired yesterday and looks like it may want to take a rest, but this bull has been resilient so I don’t want to make any bold predictions. The late afternoon session though, could give us a better indication of its real mood. Most European exchanges are closed because of May Day so it could be a light day with some chop.

I hope everyone is having a profitable week and don’t forget to protect your profits going into the weekend.

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