Breaking Stories

Lackluster June Recent 21-Year Seasonal Chart

June recorded average losses for DJIA & S&P 500 the
last 21 years. NASDAQ and Russell 2K have fared better with modest average
gains. Historically the month has opened respectably, advancing on the first
and second trading days. Then stocks drifted sideways and lower into or near
negative territory depending upon the index just ahead of mid-month. Here the
market rallied to create a nice mid-month bulge that quickly evaporated and
turned into losses. The brisk, post, mid-month drop is typically followed by a
month end rally lead by technology and small caps.

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