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– Ryan Fitzwater, Publisher

For as long as I’ve been trading the markets, I’ve heard the phrase “Sell in May and go away.”

It’s a popular adage that suggests traders get out of stock holdings in the summer months. They shut down their computers, go on vacation and invest again on Halloween.

As you’ll see in the chart below, that sentiment has been accurate.

However, it hasn’t been the case this year.

So far in May 2024…

The S&P is up 5%.

The Dow is up 3%.

And the Nasdaq is up 8%.

So the typical “sell in May and go away” sentiment has not transpired.

And as we enter the second half of the year and with the presidential election looming, I believe the historical May pullback effect could carry over into June and July.

Which is why Karim and I are making sure Catalyst Cash-Outs members are protected.

For example, in the past month we’ve held positions on safe-haven plays like gold and silver.

In markets like these, the only way to trade is to focus on incremental profits. Which is why I’m looking for light entry on a stock with an intriguing catalyst for this week’s Catalyst Cash-Outs pick.

This company has a 26% short interest, which is similar to stocks like Gamestop (GME). And if people start covering their shorts, you could see a big short squeeze.

YOUR ACTION PLAN

Click here to get my latest Catalyst Cash-Outs trade and all of Karim and I’s weekly picks going forward.