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

Retail giant Amazon.com, Inc. (NASDAQ:AMZN), which offers Prime Day sales in mid-July, rose the last two Julys after slipping in July 2021 and July 2020

• The Home Depot Inc. (NYSE:HD), the world's largest home improvement retailer which holds an annual Fourth of July sale, has made gains in the last four Julys.
  
• Tech company Apple Inc. (NASDAQ:AAPL) has ascended the last three out of four Julys as the company approaches fall announcement of the newest iPhone
  
• Microsoft Corporation (NASDAQ:MSFT) has seen its stock advance during two out of the last four Julys, the month that it usually holds gaming sales.

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

The SPDR S&P 500 ETF (SPY) and the Invesco QQQ Trust have 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 EFT (NYSE:SPY) gained 0.47% while the Invesco QQQ Trust jumped 0.90%.

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