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Thursday, June 01, 2023 7:57:47 AM
DJIA Up Nine of Last Ten Years on June’s First Trading Day
By: Almanac Trader | May 31, 2023
According to the Stock Trader’s Almanac 2023 (page 90), the first trading day of June is the fifth weakest first trading day of all twelve months with DJIA gaining just 442.36 total points since 1998. Over the past 28 years, DJIA’s first trading day of June has produced gains 74.1% of the time with an average gain of 0.04% in all years. Sizable losses in 2002, 2011 and 2012 limit overall performance. S&P 500 has advanced 60.7% of the time. NASDAQ has been slightly weaker at 53.6%. Russell 2000 has advanced 64.3% with the best average performance of 0.20%. Following three straight losses from 2010 to 2012, DJIA has advanced on nine of the last ten first trading days of June.
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DiscoverGold
By: Almanac Trader | May 31, 2023
According to the Stock Trader’s Almanac 2023 (page 90), the first trading day of June is the fifth weakest first trading day of all twelve months with DJIA gaining just 442.36 total points since 1998. Over the past 28 years, DJIA’s first trading day of June has produced gains 74.1% of the time with an average gain of 0.04% in all years. Sizable losses in 2002, 2011 and 2012 limit overall performance. S&P 500 has advanced 60.7% of the time. NASDAQ has been slightly weaker at 53.6%. Russell 2000 has advanced 64.3% with the best average performance of 0.20%. Following three straight losses from 2010 to 2012, DJIA has advanced on nine of the last ten first trading days of June.
Read Full Story »»»
DiscoverGold
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