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Here’s A Variation Of The “Sell In May” Saying

Cory
May 1, 2018

As we kick off May we are seeing pretty much everything down except for the USD. Chris Temple and I discuss what is at play and why we should all be expecting the general downtrends in many assets currently to continue. We look at the S&P, the treasury market, what will come out of the Fed meeting, and the dollar.

The term this year should be “Sell in May and get the hell away!”.

Click download link to listen on this device: Download Show

Click here to visit Chris’s site.

Discussion
30 Comments
    May 01, 2018 01:37 AM

    I haven’t listened yet, but if gold closes below 1308 today it won’t be pretty. And the conventional markets should have a big gap down tomorrow or real soon…

      May 01, 2018 01:41 AM

      The strengthening US Dollar is adding to the PM weakness.

      ____________________________________________________________________

      Gold Tumbles To 2018 Lows As Dollargasm Sparks Dow Dump, Yield Jump

      Tue, 05/01/2018

      https://www.zerohedge.com/news/2018-05-01/dow-dumps-tech-jumps-dollar-rips-higher

      May 01, 2018 01:23 PM

      oops………….I THINK IT CLOSED BELOW

        May 01, 2018 01:24 PM

        Went to the coin shop today…………word on the street…….IT STINKS>>>>>>>>>

          May 01, 2018 01:44 PM

          should have said I went to three coin shops…….of course they do not know crap…. 🙂

            May 01, 2018 01:33 PM

            Nobody knows anything….. 😮

    May 01, 2018 01:52 AM

    Australia’s Galaxy hires JP Morgan to advise on $376m-lithium project options

    Cecilia Jamasmie | a day ago (GXY.AX) (GALXF)

    http://www.mining.com/australias-galaxy-hires-jp-morgan-to-advise-on-376m-lithium-project-options/?utm_source=digest-en-mining-180430&utm_medium=email&utm_campaign=digest

    May 01, 2018 01:54 AM

    Gann Global: “The probability a final top is in place in the stock market is becoming higher”. http://www.gannglobal.com/webinar/2018/04/18-05-01-Video-Offer-Is-Open-MF.php?inf_contact_key=44aa018bad00b23ec04d87793b651611afb03b1dd3fb0cf4fcb51ff63697a029
    Question is “What happens to PMs?” Where’s Doc? Seems to me at these levels one can’t do much other than hold and bear the pain if it comes. JMO

      May 01, 2018 01:27 PM

      Listened to that ………..good report……..email direct …..anyone a real paying customer of the Gann’s Report…….Seems like the guy is desperate for customers……..JMO

        May 02, 2018 02:45 AM

        Subscribed last year but gave it up after 9 months. His system has a lot of merit yet it seems to drag on and on and on and on and on……………You get the idea? He does provide a couple hours of listening each week with updates, etc. And I believe he’s as honest as the day is long. That’s worth a lot in my book.

          May 02, 2018 02:52 AM

          I agree about his merit and honesty but personally think his (bearish) first scenario should be his third. Based on everything I look at, it’s just not that likely.

    May 01, 2018 01:46 AM

    The miners are acting well relative to the metals which makes sense looking at the gold chart. A low of some sort is likely coming very soon.
    http://schrts.co/wzgEJX

      May 01, 2018 01:33 PM

      Matthew: Do all those gaps during the Dec., ’17 rise spook you? Lots of ‘filling’ possible.

    May 01, 2018 01:52 AM

    Relative to gold, the miners are nowhere near their Feb/March lows.
    GDX:GLD daily:
    http://schrts.co/6XvFMX

    May 01, 2018 01:07 AM

    Canadian dollar weakness in giving ZJG a boost…
    http://schrts.co/k53gjE

    May 01, 2018 01:32 PM

    I really enjoyed this. I thnk Chris could make reading out the Denny’s menu to be really interesting.

      May 01, 2018 01:12 PM

      LOL……..that is a good one BOB UK………..

      May 01, 2018 01:13 PM

      Ha ha .. hadn’t heard that one before…thanks!

    May 01, 2018 01:42 PM

    Great insight Chris………….

      May 01, 2018 01:47 PM

      Chris please do not mention Yellen…….MORONS……Rothschild A HOLES>

    May 01, 2018 01:19 PM

    That’s what makes Powell interesting — not of the Rothschild tribe, only a proselyte — only practical difference int he end from that nameless woman is she was a policy wonk and Powell has real-world economic/investment experience. We’ll see how far that gets him when the chickens come home to roost once again.

      May 01, 2018 01:42 PM

      Agree,………Powell might have a little insight in business, but, remember the rulers own 52 % of the FED/FRAUD CENTRAL BANK…..I doubt , he has any shares….. 🙂

        May 01, 2018 01:43 PM

        The last time I checked , it only takes 51% to call the game………

    May 01, 2018 01:45 PM

    I seriously hope everyone wakes up before they die……….

    May 01, 2018 01:01 PM

    Commentary On Goldman Sachs’ Workforce Article

    Banks need to be prepared for the RESET, when it occurs. Banks need to have the technology already in place when a RESET happens.

    https://www.jsmineset.com/2018/05/01/commentary-goldman-sachs-workforce-article/