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Summer Seasonality

Posted by StockBuz on May 25, 2013 at 8:23am
Typically bonds would begin season strength here with tax receipts in gov't. coffers however this year is somewhat different due to their huge run up during the financial crisis. Profit taking is being seen. Consumer Staples should perform and energy and biotech tend to see seasonal demand as well with consumers out spending (and driving) during their Summer vacations. Whether profit taking in staples (after such a nice rally) affects these remains to be seen. I'll be watching biotech to run further and opportunities to buy utilities and retail on weakness.....soon.

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Tags: staples, energy, biotech, bonds, seasonality
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