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Jim Wyckoff

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U.S. stock index bears in technical control

May 2, 2022 by Jim Wyckoff

The U.S. stock indexes are trending down on the daily bar charts and just finished the month of April with their worst showing since the beginning of the pandemic. Now, as a new month is under way, veteran stock market traders are reminded of the old stock market saying, “Sell in May and go away.” That adage suggests traders and investors step away from equities for the summer and return after the Labor Day holiday. Stay tuned! —Jim Wyckoff

Filed Under: Blog News, Jim's Morning Report, Uncategorized

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