The Kentucky Derby Foreshadows May’s Most Lucrative Stocks

May is here, and everything is going as predicted.

On Friday evening, the Night Trader chatroom was buzzing with different strategies for this month.

If you haven’t joined us in the chatroom yet, you really should consider tuning in. It’s incredibly fun, and the casual setting provides the perfect atmosphere for fluid, informative conversation. Call 1-877-211-3024 now to find out how you can join and talk shop with me and your fellow traders.

The main topic of conversation was the opportunities ahead of us, as well as talks of “selling in May.”

I pointed out that we need to hang in there for a few weeks as the seasonality often pushes stocks higher as earnings season continues.

That’s exactly what we are seeing this morning.

Stocks in the “reopening” trade are jumping higher as buyers are returning to the market. Sure, we got some inflationary numbers in the economic data this morning, but that’s not going to slow down the market over the next few weeks.

May will go as it normally does, start with a thrill, and then end with a spill, or at least a fading like the back of the field at the Kentucky Derby.

On a side note, how nice was it to see the running of the Kentucky Derby this weekend?

The event foreshadows a market message that will be a huge factor in your investment success for the next nine months.

And this summer, focusing on just five areas of the market will deliver the biggest profits


An Inevitable Selloff Is Coming – Protect Yourself Now

I’ve said it before, and I will say it over and over again – the trend is your friend until the end.

We recently saw a dramatic example of this in Bitcoin (BTC).

The cryptocurrency swept to a new all-time high of $64,829.14 on Tuesday, following the Coinbase (NASDAQ:COIN) IPO. But after this “buy-the-rumor” rally, the inevitable “sell-the-news” drop followed on the weekend.

We see this sort of trend happen all the time, no matter what the asset is, and we can use it to position ourselves for future profits in all sorts of different investments.

When I say, “trend,” I’m talking about the 50-day moving average.

I’ve been looking at the 50-day moving average of different stocks across multiple sectors, and my technical data is showing me that the market will follow the same pattern we saw in BTC this past week.

To stay in the world of cryptocurrency, however, then click here to learn Tom Gentile’s three-point profit plan and how to take advantage of BTC’s dip.

Now, zooming out to other assets, stocks will rally higher over the new few weeks before crashing through an inevitable selloff.

Here’s what you need to do to protect your portfolio, and profit at the same time