Markets likely to rise thru June and struggle in July

I read a lot about markets, trying to get a number of views into perspective. This one seemed particularly interesting:

“as quarterly statement time gets closer and money managers have to justify their jobs, the odds of the pros moving into the market are likely to rise. What that means is that June, the last month in the quarter, may not be too bad for the market, as under pressure money managers move money into stocks in order to dress up their books and work on their bonuses. Of course, that means July could get interesting”

Here’s the article I quoted from: https://stockcharts.com/articles/tac/2020/05/at-the-edge-of-chaos-do-you-wa-476.html

About johnonstocks

I've been trading stocks since 2003, active on Motley Fool's discussion boards and using first Hidden Gems, then Global Gains. I no longer have the newsletters, but I keep up on the WSJ and read David Rosenberg everyday at gluskinsheff.com. Education: CFA level 2 candidate MBA-focus in Finance, Marshall, University of Southern California - expected Dec 2010. BS Mechanical Engineering, UC San Diego, June 2002
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