SteadyTapeQuantitative Market Research

May+Jun Both Green Barometer

May+June Both Green Barometer (provisional): May +4.97%, June-to-date -0.57%. Median RoY forward: +10.9%.

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When both May and June close positive, rest-of-year from end of June has been bullish 83% of the time historically (n=18, WR holdout 89% -- best out-of-sample of the conjunction set). Mid-year floor reference.

May
+4.97%
June
-0.57%
Both Green
Pending

When to run this study

Run after May closes and again after June closes. The signal finalizes on the last trading day of June when both May and June are positive -- the strongest out-of-sample holdout stats (88.9% WR) of any conjunction barometer. Mid-year floor reference.

Historical results

May+June Both-Green Years -- Rest-of-Year SPY Returns

YearMayJuneRoY
20255.544.5511
20245.403.448.39
20230.565.488.04
20210.442.3311.70
20207.611.3622.25
20160.900.147.88
20142.311.956.09
20040.631.996.79
20035.500.6514.96
19976.454.5710.75
19962.050.6011.14
19954.252.2914.32