June is here and if historical trends hold true to form, this will not be a good month for stocks. Over the past 20 years, the S&P 500 averaged a loss 0.3 percent in June, putting the sixth month of the year in a tie with September for second-worst average monthly showing.
Additionally, the S&P 500's June win rate of 55 percent over the those 20 years ties June with three other months for the second-lowest win rate over that span. Only July at 45 percent has been worse.
As is the case with arrival of each new month, there are some sector exchange traded funds that, according to historical data, should outperform others this month. However, when it comes to sector ETFs in June, investors would do well to not expected jaw-dropping upside.
It's often ...
/www.benzinga.com/trading-ideas/long-ideas/16/06/8053212/hopefully-no-june-gloom-for-these-sector-etfs alt=Hopefully No June Gloom For These Sector ETFs>Full story available on Benzinga.com
More...