Nevertheless, most analysts, while believing that the current market correction has been anticipated, expect the economy to continue to improve and contribute toward a bull market, excluding any unforeseen widespread negative event. [S&P Makes Bullish Case for Equity ETFs]
Considering the bullish nature of the current market condition, investors may want to hold off selling everything in May. Investors may even take this opportunity to capitalize on the small pullback to take an even larger position in equities, the staff of Wall Street Select Sector suggested.
SPDR S&P 500 ETF (NYSEArca: SPY)
For more information on the current markets, visit our S&P 500 category.
Max Chen contributed to this article.
Full disclosure: Tom Lydon’s clients own SPY.