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.