Market Recap

A weak end to the month of April. I suppose traderr were trying to get a jump start on the 'Sell in May' theory.

Todays Biggest Winners

• Nondurable household goods
• Household Goods
• Electronic office equipement
• Personal Products
• Computer Service

Todays Biggest losers

• Hotels
• Tires
• Trucking
• Forestry
• Metals

Circuit city is getting a haircut to the tune of 10% in after hours after warning on sales and potential losses.

The Shanghai composite has another 10-15% of upside before it falls apart according to some studies I have looked at. I expect global markets to go the way of Shanghai. Possibly sometime in late May after the Memorial Day weekend.

Two stocks I want to own in May are KO and MAT. Coca Cola and Mattel tend to outperform in May a good 90% of times.