This Monday Marks the Beginning of the Traditional Summer Rally

We’re coming up on one of the best times of the year to buy stocks. Not only is the start of the year good for stocks, but so is the start of the second half of the year (as is the turn of the month).

A few years ago, I calculated all of the Dow’s closings from 1896 to 2007 and found that July 1, July 3 and July 6 are all among the 25 best days for the Dow.

Historically, the market has gained an average of 4.17% from June 27 to September 6. That’s more than half of the average annual gain even though it covers just ten weeks.

Posted by on June 24th, 2011 at 7:45 am


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