Well so far in May, North American stocks are down, more so in Canada than in the US thanks to falling commodity prices which is typical this time of year. Is this the seasonal 'sell in may, go away', or is this a buying opportunity?

There's a correlation between bond yields and stock prices. Typically, when bond yields fall from January to May, stocks do relatively well from May to October; alternatively, when bond yields rise from January to May, stocks under-perform from May to October. So what have bond yields done?

In the US, the 10 year has fallen while in Canada the 10 year is slightly higher than in January. If you can't make up your mind on stocks, bonds tend to do well from May to December.

GB