June’s a tune up for rest of the year

So June is here and the living isn’t easy.

Last week I wrote about the adage, selling in May and going away.

Here are the index levels on 5/27/16 and for the last day of May:

Dow Jones: 17,828.29   17,787.20

S&P 500: 2,090.10   2,096.96

Nasdaq: 4,901.77   4,948.06

Gold: $1221.30   $1,218.60

Silver: $16.30   $15.99

US 10-year: 1.833%   1.833%

Crude: $49.03   $48.38

So there’s the movement over the Memorial Day weekend. The dollar index is 87.62 at the end of May.

I believe we will look at these levels again after the political conventions in July. I would say it might be a good thing to look at it after the Fed raises rates in June, but that won’t happen.

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