Memories of May

The month of May ended with the Dow taking a slight dip. This index lost 1.4% for the full month. On the other hand, NASDAQ gained 1/2% today, yielding a monthly gain of 4.6%. Dell's good earnings report helped. Overall, May was a month of ups and downs, mainly following the trek of oil. This middle month of the quarter was fairly quiet and May be the turning point for the economy. GDP was revised UP this week. Could the downturn be just a memory? DJIA -7.90 NASDAQ +14.34 S&P 500 +2.12