JUNE SEASONALITY TRENDS….
I’m a few days late to the party here, but here’s the seasonal trend data for the month of June from the Stock Trader’s Almanac. I hope it helps some of you put the pieces of this complex puzzle together in some way.
◆ The “summer rally” in most years is the weakest rally of all four seasons
◆ Week after June Triple-Witching Day Dow down 17 of last 19
◆ RECENT RECORD: S&P up 10, down 5, average gain 0.1%, ranks seventh
◆ Much stronger for NASDAQ, average gain 1.2% last 15 years
◆ Watch out for end-of-quarter “portfolio pumping” on last day of June, Dow down 15 of last 21, NASDAQ down 5 straight
◆ Pre-presidential election year Junes: #5 S&P & NASDAQ, Dow weaker ranks #7
◆ June ends NASDAQ’s Best Eight Months.
Cullen Roche
Mr. Roche is the Founder of Orcam Financial Group, LLC. Orcam is a financial services firm offering research, private advisory, institutional consulting and educational services.
Follow Me:
1 Comment
Thanks, my fellow Irish-American, although I think this year seasonality will be taking a major backseat to the madness at hand. To wit, either the powers that be find a can-kicking tactic which brings in the buyers- thus provoking an almighty rally, given that bond yields are seemingly as squished as they can get- or all hell will break loose until sellers are thoroughly exhausted. From my vantage point I see little in between.