
“Mid-June is seasonally one of the weaker times of the year for stocks as investors begin to take summer vacations, leading to a drop in equity volumes and a rise in volatility.”
Upcoming US Events for Today:
- Chain Store Sales for May will be released throughout the day.
- Weekly Jobless Claims will be released at 8:30am. The market expects Initial Claims to show 310K versus 300K previous.
The quote above is reflected in the TSE seasonality chart below, part of a comprehensive report that also identifies periods of reoccurring strength in the S&P 500, Sector & individual stock analysis. Read & view the report in full HERE – Editor Money Talks