Expect This for the Rest of June
Hey, it’s Ross Givens here with the Chart of the Day. Today’s chart shows how the S&P 500 has moved on average during June for the past 73 years. As you can see, weakness in the second half of June is the norm, and 2024 is following the same pattern. The market typically starts moving upward again in July. This means that the remaining trading days of June – even if weak – are actually an opportunity for savvy traders.