Sell In June – The New ‘Sell In May’

Geopolitical,¬†economic and technical factors finally combined to drag down the S&P 500. It closed down for the first time in four-weeks. As the saying goes, one week does not make a trend, the S&P 500 is till in a nice uptrend on the weekly chart. It is a bit overextended by stretching above the upper-channel…