With four trading days remaining in the month of May, the first five S&P months (January-May) of the year are up 11.2%. Over the last 50 years, there have been 22 years in which the S&P was up at least 5% for the first five months of the year. Below are the ten strongest seasonal periods in the last seven months of those 22 years, eight of which had a positive slant.
The first column is the performance in the first five months of the year in those 22 years of the last 50 which had a +5% gain. The 2nd column is the performance from May31-June 8th which is the rated the 10th strongest seasonal period of those last seven months. Then Jun12-July14, etc.
In my opinion, the major take away from this scan is that not only are you promised a strong fourth Quarter culminating in a 20-2, Dec14-30 performance but you usually get an equally impressive summer rally from mid June through mid July. The two soft spots occurred in July26-August10 and Sept23-30.
