The June SPX return over the last 20 years has been slightly negative, but July has been a big month returning on average 2.29%, notes Max Cabasso. He looks inside the current buyback blackout for 80% of the S&P 500. He’s also watching the Russell reconstitution to see if focus turns to the Russell 2000 with SMCI being promoted to the Russell 1000.
Market On Close
25 Jun 2024
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