Get Ready For The Summer Rally
Photo by Freeartist/iStock via Getty Images
Stock market YTD performance
Globally, stocks staged a very strong performance YTD. Over the last 5 months, S&P 500 (SPY) is up by 12.35%, UK stocks (EWU) are up by 15.35%, while Europe (VGK) is up by 14.46%.
In the US, the stock market gains have been led by Energy (XLE) up by 37%, Financials (XLF) up by 29% and Materials (XLB) up by 21%.
Given the strong performance YTD, what to expect from the stock market during the summer months June-August? Based…
