Hello, Power Profit Traders!
I hope you’ve had an enjoyable weekend.
Historically, from 1965 to 1984, May and June were the “Disaster Months” for the market – The S&P 500 was down 15 of the 20 May’s.
Things turned around and from 1985 to 1997 and May became the best month.
With May essentially in our rear-view mirror, you’ve probably heard the old saying: “Sell in May and Go Away.” While this may be true for the average investor, we’ll be fully engaged during the summer!
The Friday before Memorial Day has become the “Getaway Day” on The Street with trading volumes diminishing the last couple of days before Memorial Day weekend, accompanied with bullish movement, typically.
With our current economic and geopolitical situations at hand – Be Prepared for a ROCKY SUMMER of Trading.
Not only is volatility expected to remain high this summer, but there are plenty of trading opportunities at hand.
BRUTUS has identified several potential candidates for Operation Surge Strike.
If you missed out on the Successful Winning Streak we enjoyed in May, don’t fret. BRUTUS works around the clock to find trading ideas for us.
Stocks symbols BRUTUS has on the Radar for June’s IV Surge include:
If you missed out on the 100% Return that Autodesk (ADSK) provided us this past week, don’t be discouraged. We’ll be talking about The Best of the Best during our Operation Surge Strike discussion today!
Tom Gentile
America’s #1 Pattern Trader
