May & June Action

May was a much better month than April. The S&P 500 saw only 8 down days from 13 in April. However, the rebound from the April selling ended on May 21st with a rally of 7.13% before a small pullback into May 30th.

Since then, it has been straight up with only 5 down days in June Most asset classes are now mixed in the second quarter. The April selloff h…