Wall Street Week Ahead: 'Sell in May and Go Away?' Not This Year
Too many said sell in May this yr
so maybe sell in June instead 
it' ll be sell sometime...
especially as the Dow / S+P / GBP / Euro etc etc are very nr major resistance levels
dollar also at the opposing strong support
although the MMs would rather we buy...
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With the Dow and the S&P 500 setting another string of record closing highs this week, the old Wall Street adage "Sell in May and Go Away" is starting to look weak.
Closing out the second week of May, the Standard & Poor's 500 index is up 2.3 percent for the month.
For the year, the benchmark S&P 500 is up a stunning 14.6 percent.
Some analysts say that when the market starts off this strong, it tends to keep the upward momentum going until the end of the year.
"Instead of 'Sell in May and Go Away,' we may be setting up for a surprise May rally," said Ryan Detrick, senior technical analyst at Schaeffer's Investment Research in Cincinnati, Ohio.
"What's encouraging is that small-cap stocks have been outperforming the market recently. It's a sign that the market is going for even the riskiest sectors."
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