Chart of the Day – July 2, 2020

By: Chris Wenner in Charts 07/02/2020

Looking at an SPX seasonality chart, July has been the strongest average month over the last 5 years.  Since 2015, the month of July has returned an average of 2.48%.  Not only has July averaged the highest monthly return during this stretch, it has also been green every single year with the lowest month returning 1.31%.

This July is off to another strong start.  It’s too early to tell, but going 6/6 with consecutive green July’s looks like a strong possibility.

Have a great and safe 4th of July –

CW

 

 

By: Chris Wenner

Managing Director

Jonathan Molchan

Wennco's innovative strategies and robust OCIO capabilities are designed for RIAs, Family Offices, and high-net-worth individuals.

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