July Retail Promotions Historically Boost Stocks, Here Are The Companies And ETFs To Watch - Apple (NASDA

　　Certain retail and tech stocks typically perform well in July as companies hold promotional events during the summer.

• Retail giantAmazon.com, Inc.AMZN, which offers Prime Day sales in mid-July, rose the last two Julys after slipping in July 2021 and July 2020.
• TheHome Depot Inc.HD, the worlds largest home improvement retailer which holds an annual Fourth of July sale, has made gains in the last four Julys.
• Apple Inc. AAPL has ascended the last three out of four Julys as the company approaches fall announcement of the newest iPhone.
• Microsoft Corporation MSFT has seen its stock advance during two out of the last four Julys, the month that it usually holds gaming sales.

　　ETFs that have shown strong performance in July due to historical trends and sector strengths include the SPDR S&P 500 ETF SPY, which tracks the S&P 500 Index, and the Invesco QQQ Trust QQQ, which follows the tech-heavy Nasdaq Composite Index.

　　TheSPDR S&P 500 ETF(SPY) and theInvesco QQQ Trusthave both risen during the last four Julys and have gained since the beginning of this month.

　　Emails to analysts covering Amazon, Home Depot, Apple and Microsoft were not immediately returned.

　　Price Action: Amazon rose 1.41% to &199.97 by late-afternoon trading on Tuesday; Apple rose 1.34% to $219.66; Microsoft gained 0.46% to $458.81; and Home Depot dipped 0.39% to $334.87.

　　Amazon, Apple and Microsoft have all risen over the two-first days of July, while Home Depot has slid.

　　The SPDR S&P 500 EFTSPY gained 0.47% while the Invesco QQQ Trustjumped 0.90%.

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