Despite rising rates and a few flare ups in volatility, the stock market held together pretty well in May. Market breadth continues to be a problem for stocks, but that won’t matter until it does. Active investors are probably best to keep it on their radar and use other price indicators to help them know if/when the stock market breaks down.
For now thought, stocks continue to do more of the same: grind. And mostly grinding sideways for the better part of 2015. That said, the S&P 500 Index (SPX) ended the month of May with a 1 percent gain. That said, the highs for the S&P 500 were established during the middle of the month. Could be in for another “Sell In May”… or will be see a delayed reaction?
Another major market theme is the Fed and interest rates. It appears that treasury yields are doing the “raising” for the Fed. Perhaps this is a precursor to a hike sometime in 2015. The economy isn’t providing easy answers, so perhaps the bond market will continue to help us out.
Those observations only scratch the surface. There was so much more going on in the markets and our cast of market professionals captured much of it on See It Market. From macro research to great trading ideas and investing insights, we hope you find the site of value. Please take a moment to review our best research posts from the month of May in our latest installment of The Best of See It Market. This is your chance to check in on our work. We greatly appreciate your readership.
Stocks & Bonds:
- S&P 500 Valuations Still Lofty Per Sales, Earnings, And PE Multiples?  by BRAD TOMPKINS
- How Far With Twitter’s Stock (TWTR) Fall? Â by FIL ZUCCHI
- The Rotation Report: Stock Market Breadth (In Charts)  by AARON JACKSON
- Stock Market: Worst Start For Year 3 Of Presidential Cycle Since 1950 by ANDREW NYQUIST
- Evidence Mounting For A Widening Yield Curve by JONATHAN BECK
- Why Investors Should Be Careful Using Market Divergence Signals by DRASKO KOVRLIJA
- S&P 500 (SPY) Into Chart Resistance: 10 Observations  by STEVE BURNS
- Bullish Or Bearish Stocks: Here’s What The Charts Are Saying by CHRIS CIOVACCO
- Russell 2000: Complex Topping Pattern Forming by TRADING ON THE MARK
- Dow Jones Transports: Is This Parabolic Move Topping? by JAMES BARTELLONI
- COT Report: US Treasuries Get The Jitters, US Dollar Longs Decline by PABAN RAJ PANDEY
- NASDAQ Uptrend Still Intact: Higher Price Targets For 2015Â by DAVID BUSICK
- Spirit Aerosystems (SPR): The Rally May Not Be Over  by MITCHELL WARREN
- 3 Bond Market ETFs Showing Surprising Strength by DAVID FABIAN
- Can Bank Stocks Lead The Market Higher? Â by ANDREW NYQUIST
- 4 Reasons Apple’s Stock (AAPL) Is Ready For A Big Move by GAVIN MCMASTER
- S&P 500: Price Compresses As Traders Await Next Move  by SAL CILELLA
Commodities & Currencies:
- Gasoline Prices Move Higher: Likely To Top By Mid-Summer  by JAMES BARTELLONI
- US Corn Weekly Review: Traders Cautious On Yields Outlook  by MARCUS LUDTKE
- US Dollar Under Pressure: What’s Next And How To Trade It by PABAN RAJ PANDEY
- Trader Radar: Crude Oil Prices Fall As Dollar Reverses Higher by CHRIS KIMBLE
- Are Gasoline Prices About To Take Another Leap Higher? by MIKE ZACCARDI
Must-Read Education:
- Top Trading Links: Don’t Fall For The Market Lull-aby by AARON JACKSON
- Trading Box Breaks: A Strategy For Winning In Competitive Markets  by DAVID BLAIR
- Traders: Get An Edge By Thinking In Trading Categories  by ADAM GRIMES
- How Value At Risk (VaR) Reporting Works For Banks Today  by ALLAN MILLAR
Look for another installment of “The Best of See It Market” next month. Thanks for reading.
Twitter:Â Â @seeitmarket