The seasonals were right: July on track to be best month since 2020. What about August?

S&P 500 futures are pointing to another 0.7% gain at the open after Amazon surged 12% premarket after earnings and Apple rose 2.6%. The latest round of earnings has been some comfort to markets after a rough start.

This month is set to be the strongest for the S&P 500 since 2020. The gains were helped by the subtle shift from the Fed, which has boosted stocks 2% this week, but there was a strong seasonal tailwind in July, something I highlighted at the start of the month.

Dodaj komentarz

Twój adres e-mail nie zostanie opublikowany.