Will investors keep selling in May … and go away until autumn?

Posted By on May 6, 2015

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Equity markets are struggling to make any positive headway this month as each time there is a sliver of optimism that the economy will improve, another round of negativity takes the wind out of sails. sp500_150506_3pm

Wednesday, after what looked like a positive start to the trading day, a “triple whammy of a pullback in energy stocks, weak jobs data and Janet Yellen’s comment that equity valuations are ‘generally high’” sent stocks lower this afternoon. (LINK) With an hour left in U.S. trading, the markets sit near their day lows.

Comments

  • Dow closed … but inched off the day low.

Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.