By In this episode of StockCharts TV’s Sector Spotlight, I look ahead to the month of July and what we can expect based on 20 years of seasonal performance. I then align that information with the current rotations for the various sectors in order to find interesting opportunities on both the long and the short sides. This week, the current relative strength for Consumer Discretionary and Technology confirms the strong seasonal patterns for these sectors in the past, which leads to a strong outlook for both sectors, but also suggests that the S&P 500 will likely be in for a good month in line with its seasonal projection.
This video was originally broadcast on June 26, 2023. Click anywhere on the Sector Spotlight logo above to view on our dedicated Sector Spotlight page, or click this link to watch on YouTube.
New episodes of Sector Spotlight premiere weekly on Mondays. Past episodes can be found here.
#StaySafe, -Julius