The first five months of 2022 haven’t been kind to the SPDR S&P 500 ETF Trust. Unfortunately, the month of June hasn’t historically been a strong month for stock prices, but LPL Financial Chief Market Strategist Ryan Detrick said this week that there’s reason for optimism that investors can avoid a June swoon.
Not only has June historically been a weak month for the S&P 500, Detrick said it has actually been the worst month of the year in midterm U.S. election years like 2022.
Fortunately, Detrick said June has been far kinder to investors in recent history….