Krinsky, though, pointed out that the pullback will only be temporary as the month of July has averaged a 1.68% gain over the past decade. [Slow Start Augurs Strong Finish for Dow ETFs]
Consequently, after the June pullback, investors could ride the potential rally in July with broad equities or leveraged ETF options. For example, the ProShares Ultra S&P 500 ETF (NYSEArca: SSO) reflects the 2x or 200% daily performance of the S&P 500, the ProShares UltraPro S&P500 (NYSEArca: UPRO) takes the 300% performance of the S&P 500 and Direxion Daily S&P 500 Bull 3X Shares (NYSEArca: SPXL) also reflects the 300% performance of the S&P 500.
Lastly, the Ultra QQQ ProShares (NYSEArca: QLD) takes the double or 200% daily performance of the Nasdaq-100 and the ProShares UltraPro QQQ (NasdaqGM: TQQQ) mirrors the triple or 300% daily performance of the Nasdaq-100.
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Max Chen contributed to this article.