July 31, 2013 July Remains Best Month of 2013
After a fast start in the first ten days of the month, prices leveled off. Nevertheless, July gains still top all previous months of the year. The S&P500 ended the month 104.3 percent higher than in June.
That is decidedly better than the drop in June – which came in at 98.5 percent of the May figure. Yet July’s advantage over January, the second best month of 2013, is minimal. That earlier gain amounted to 103.4 percent of the month before.
DJIA -.14 percent
NASDAQ .27 percent
S&P500 -.01 percent
