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June seasonality


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#1 Rogerdodger

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Posted 04 June 2022 - 01:12 PM

"Seasonality" in weather is based on historical records.

Don't take a winter coat to Vegas in July. Buy trip insurance for a summer/fall cruise during hurricane season.

Little rain is typical in Seattle in June... however... Seattle could pick up nearly a month's worth of rain in 3 days.

 

Similar with market seasonality, especially treacherous in tumultuous news times,i.e.: covid, shortages, inflation & war.

 

So with that caveat, any rally next week could likely be short-able.

Mike Burk's June chart for the 2nd presidential year:

 

June-seasonality.jpg


Edited by Rogerdodger, 04 June 2022 - 01:18 PM.


#2 Rogerdodger

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Posted 10 June 2022 - 12:31 PM

"Seasonal" update...

SPX DOWN around 200 points as of Friday mid-day.

Will the remainder of the month follow the pattern and see SPX even lower?

 

Watch the sky. sick.gif


Edited by Rogerdodger, 10 June 2022 - 12:32 PM.