May is historically a seasonal turning point for stocks - “sell in May and go away”. US earnings are positive but the Dow and SPX seem unable to break out to new highs. The NASDAQ has broken out but may be in the late stages of a rally. Oil is back in focus with OPEC debating extending production cuts and US production rising. Join CMC Markets’ North American chief market strategist Colin Cieszynski as he canvasses the issues for May 2017.