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Heads Or Tails? June’s Performance Is A Coin Toss

Quarter“May the odds be ever in your favor,” that line may be from the wildly popular franchise The Hunger Games but it also sounds like the phrase we should hear when we drop in our hat in the stock market. Today’s article discusses how the Dow’s performance historically for the month of June is less than spectacular and will either be down or up, it’s a slightly worse than 50/50 chance. Here’s what they had to say, “It’s often said that it makes sense to stay in the stock market because it goes up more than two-thirds of the time, if not more. But that’s not the case in June. If you look at performance of the blue-chip stock gauge going back 100 years, the Dow has posted positive returns in June just 49% of the time, according to Bespoke.” To read more, CLICK HERE.