Results have been weak thus far this year for all the Major indexes and sectors. Many defensive sectors are now moving up treasuries, municipal bonds, telcom, consumer staples and health care this along with a slow market time correction since January and the time of the year “The Month of May” indicates we may be in for more of the same or a significat drop in the months ahead. It is too soon to short the market so money is flowing out of stocks and into treasuries and municipal bonds manage you stock stops carfully and consider moving into cash or government and municipal bonds for some income.
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