8:15am (EST)
The “sell in May and go away” theory has been tested this month but the bulls are doing their best to keep the losses to a minimum. Commodities were a major eyesore for the market as they continued to sell-off but there are pockets of strength that is helping the bulls keep their run intact. We will cover some of the developments we are watching but first let’s look at the numbers…
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Futures are pointing towards a lower start this morning: Dow (-36), S&P (-4) and Nasdaq (-3).
We have 14 charts we are going to cover this morning which include our current option trades and the ones on our Watch List which was on fire last week. Subscribers, check the Members Area for the updates.
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