What Happened to “Sell In May and Go Away”?

Market Recap For Sunday, June 1st 2014

Stocks ended the month of May on a high note, making new records in both the S&P and DOW. The S&P ended Friday up 3.5 points with a new all-time high of 1923.57.  The DOW finished the week at 16717.17, up 19 points and a new all-time high close.

It definitely wasn’t a “sell in May and go away” type of trading environment. The S&P finished the month of May up +2.10%, and the DOW was up +.82% by month’s end.

Meanwhile the VIX or “Fear Index” is at lows of the year.

Markets To Watch

Markets To Watch

We love Chipotle Mexican Grill (CMG). But to be honest, we haven’t been keeping a close eye on the stock recently.

But after our Rockwell Trading Club session “Q&A For Experienced Traders“, we were asked to take a look at the stock. And it looks like CMG has been giving us some GREAT Power Crossover Method signals this year! It’s too late to get into this last move, but CMG will be on our radar for any upcoming trends.

This Week’s Economic Calendar

This Week’s Economic Calendar

Real Time Economic Calendar provided by Investing.com.

Power Crossover Signals

Power Crossover Signals

The signals above are derived based on the rules of our Power Crossover Method.

Rockwell Trading Club - DVD 27: Power Crossover Strategy

Click here if you would like to learn more about the Power Crossover Method.

No representation is being made that any account will or is likely to achieve profits or losses similar to those shown above. The past performance of any trading system or methodology is not necessarily indicative of future results. Have a great trading week!

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