The stock market has made an amazing run this year. The S&P has had a 14% gain starting from December 23, 2018 where it bottomed. As much as I hear the bullishness of this market and confidence in the market, I have to fathom that we are at turning to the month of May where statistics show that going forward the returns are much less which gives the saying “Sell in May and go away”.
With that knowledge, I plan to trim my stock holdings and start increasing my position into treasuries. TLT is an ETF of the iShares 20+ Year Treasury Bond. It is a defensive position that tends to go up when the stock market goes down. I feel this run is almost over now that the best earnings have been posted this week. I also feel that the long-term trend is heading towards a more bearish market.