SP 500 and NDX Futures Daily Charts - Sell in May and Go Away

If you have some gains in stocks, in general, you may wish to start thinking about taking the money and sitting the next round out.

But let's see if the market confirms this with the next move up or down.

Have a pleasant evening.

Exsultate Jubilate - Emma Kirkby

"The friendly day shines forth,
both clouds and storms have fled now;
for the righteous there has arisen an unexpected calm.
Dark night had reigned everywhere;
Now, arise, happy at last, you who had feared before,
and be joyful for this fortunate break of day."

W. Mozart, Exsultate Jubilate

Exsultate, jubilate,
o vos animae beatae,
dulcia cantica canendo,
cantui vestro respondendo,
psallant aethera cum me.

Rejoice, resound with joy,
o you blessed souls,
singing sweet songs,
In response to your singing
let the heavens sing forth with me.

Recitative
Fulget amica dies,
jam fugere et nubila et procellae;
exorta est justis,
inexspectata quies.
Undique obscura regnabat nox, surgite tandem laeti,
qui timuistis adhuc,
et jucundi aurorae fortunatae frondes dextera plena et lilia date.

The friendly day shines forth,
both clouds and storms have fled now;
for the righteous there has arisen an unexpected calm.
Dark night had reigned everywhere;
Now, arise, happy at last, you who had feared before,
and be joyful for this fortunate break of day.
give garlands and lilies with a full right hand.

Tu virginum corona,
tu nobis pacem dona,
tu consolare affectus,
unde suspirat cor.

You, o crown of virgins,
grant us peace,
Console our feelings,
from which our hearts sigh.

Alleluja, alleluja!

No Updates Tonight

Making preparations.

See you next week.

Have a pleasant weekend.

Gold vs Annual World GDP

This chart is from Nick Laird at goldchartsrus.com.

Gold Daily and Silver Weekly Charts - No Substance

"The politicians are put there to give you the idea you have freedom of choice. You don't. You have no choice. You have owners. They own you. They own everything. They own all the important land, they own and control the corporations that've long since bought and paid for, the senate, the congress, the state houses, the city halls, they got the judges in their back pocket, and they own all the big media companies so they control just about all of the news and the information you get to hear. They got you by the balls.

They spend billions of dollars every year lobbying to get what they want. Well, we know what they want. They want more for themselves and less for everybody else. But I'll tell you what they don't want. They don't want a population of citizens capable of critical thinking. They don't want well informed, well educated people capable of critical thinking. They're not interested in that. That doesn't help them.”

George Carlin

There were no noteworthy deliveries of gold or silver on the Comex yesterday.

That is one thing that it has in common with the Fed's economic policy, and the two leading presidential candidates come to think of it:  a lack of substance.

There will be a stock option expiration tomorrow and a June gold option expiration on the Comex next week.

Have a pleasant evening.

SP 500 and NDX Futures Daily Charts - Appearance Vs. Reality

Stock option expiration tomorrow.

Just as we had rebounding stocks today, there may be more shenanigans abounding tomorrow.

There is no sustainable economic recovery.

Have a pleasant evening.