Seasonality in the month of June

wnd4

The month of June is not a great month for performance for North American equity indices. According to Thackray’s 2012 Investor’s Guide, the month of June from 1950 to 2010 was the third worst month of the year producing an average return per period of -0.1% and was positive only 51% of the time. Returns for broadly based equity indices during the past ten periods were as follows:

Best performing sectors during the past 20 periods were Health Care and Telecom. Worst performing sectors were Materials, Financials and Consumer Discretionary. Best performing sub-sectors during the past 20 years were Software & Services and Pharmaceuticals. Worst performing sectors were Banks, Transportation and Auto & Components.
Other indices, sector and commodities recorded the following average performance during the past 10 periods:

silicon_beaver

Thanks.