The first month of summer has shone brighter on NASDAQ stocks over the last 46 years as a rule ranking sixth with a 0.7% average gain, up 25 of 46 years. This contributes to NASDAQ’s “Best Eight Months” which ends in June. June ranks near the bottom on the Dow Jones Industrials just above September since 1950. S&P 500 performs similarly poorly, ranking tenth.
In post-election years since 1953, June still ranks poorly and its average loss for DJIA and S&P 500 increases to –1.2% and –0.7% respectively compared to –0.3% and –0.03% in all years. DJIA in particular struggles, advancing in just three post-election year Junes (1977, 1985 and 1997). NASDAQ and Russell 2000 fare best in June, posting modest average gains.
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References: https://stockaholics.net/threads/stock-market-today-may-29th-june-2nd.4625/

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