Sell in May and Go Away?

The week of May 11th is going to be an interesting week. The stock market has been screaming hot since it’s low of 6,443 on March 6th, 2009. For the last couple of weeks, many analysts have been calling for a pullback and it just hasn’t happened. Well we’re going to go out on a limb and make our own call. Starting early to mid week, we expect to see the stock market have a pullback heading into options expiration on Friday May 15th. This is typically the start of the term “Sell in May and Go Away.” This may be the perfect opportunity for the bears to fight back as they have been on the losing side for quite some time. Stocks doesn’t go in the same direction forever. Expect some profit taking next week. Or we could be wrong and the rally continues on forever! We’ll find out on the 15th of May.

At this stage we expect to hold on to most of our securities and may consider selling a few stocks in the portfolio if there is any significant action early next week.

We wish you luck on your investments and as always do your own research prior to purchasing or selling a stock. We make recommendations based on our own research and this site is solely for the purpose of entertainment reading. Thank you for visiting Hot Stocks to Buy.