While April has typically been the market's best-performing month, this year will probably be different, Index Financial Partners chief investment officer Jack Bouroudjian said Wednesday.
"This market has been so counterintuitive over the course of the last five years, and I think right now we have to be counterintuitive with our thinking," he said in an interview with "Closing Bell."
"This is going to be an April to sell and a May to buy."
Bouroudjian believes the market is currently overextended and is due for a correction, likely 5 to 10 percent.
"There are a lot of headwinds, one of which is the fact that we're in a quiet period and companies can't buy back stock anymore. They've really been the ones that have been holding up market in a lot of cases," he noted.
However, once that correction comes, he believes investors will get a real buying opportunity.
"This is a spring that is wound up and when it unleashes you're going to see a second half of earnings and revenue growth that is going to surprise a lot of people," Bouroudjian said.