History Doesn’t Tell the Full Story – Here’s Where the Market is Really Heading

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The month of April is in the record books as one of the best months for stocks – ever.

The S&P 500 rallied 12.7%, marking its third largest one-month gain of all time and its best performance since 1987.

But of course, now that we have flipped the calendar to May, investors’ focus turns back to the old Wall Street adage: “Sell in May and go away.”

It shouldn’t.

In this week’s MoneyLine podcast, I talk about where I think the markets are heading and why history isn’t always the best indicator.

I also share the results of last week’s investor question – Do you prefer gold, gold miners, or cryptocurrencies as an investment? – and give you my thoughts on which investment is the best to buy today. (Hint: It’s a no brainer, and a huge catalyst happens in just a matter of days.)

This week’s question focuses on the three largest tech companies in the United States. Which do you think is the better investment? I break down the case for each and, as always, let you vote on the winner.

Then, it’s time to go bottom fishing. I talk about airline stocks and whether now is the right time to buy them. I even highlight two companies as stocks to watch… and you might be surprised by the ones I choose.

And as always, we wrap up the show on a positive note. I’m keeping an eye on four stocks that are at or near 52-week highs – and they’re all in the same sector! More importantly, I discuss the best ways to play this trend.

All this (plus my crazy new haircut!) on this week’s episode of MoneyLine.

P.S. One more thing for you to check out… if you missed out on the 2020 Crypto Millionaire Summit: Last Call, click here to watch a replay now. I reveal details on what to buy now before a major even that is just days away.

Matt McCall’s MoneyLine Podcast

Click here to listen to Matt McCall’s MoneyLine podcast! This week, Matt discusses whether it’s time to “sell in May and go away,” as many investors are often advised… of if it’s time to buy the dip. There seem to be opportunities in airlines as they may get a bailout, and eSports are on the rise with regular sports out of commission for the time being. As always, Matt fills you in on the latest.

You can subscribe to this podcast on iTunes, Stitcher, Spotify, or wherever you listen to podcasts.

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Article printed from InvestorPlace Media, https://investorplace.com/moneywire/2020/05/history-doesnt-tell-the-full-story-heres-where-the-market-is-really-heading/.

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