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Almanac Update January 2022: Indicator Trifecta Could Reshape 2022

January has quite a reputation on Wall Street as an influx of cash from yearend bonuses and annual allocations has historically propelled stocks higher. January ranks #1 for NASDAQ (since 1971), but fifth on the S&P 500 and DJIA since 1950. January is the last month of the best three-month span and holds a full docket of indicators and seasonalities.

DJIA and S&P rankings did slip from 2000 to 2016 as both indices suffered losses in ten of those seventeen Januarys ...

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2022 Forecast: Early Year High, Worst Six Months Correction & Q4 Rally

As we laid out in our 2021 Forecast Best Case scenario last year Covid-19 vaccines rolled out rather well in 2021 allowing lockdowns and most restrictions to be removed. Additional fiscal stimulus and an extremely accommodative Fed kept the economy humming and the market rallying. Unemployment dove from the early pandemic peak rather precipitously. Leisure, hospitality and travel did not surge per se, but they sure did rebound. The market is on pace to deliver our Best ...

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January 2022 Market at a Glance

Seasonal:

Bullish. January is the fifth best month for DJIA and S&P 500 since 1950. #1 NASDAQ month since 1971. However, since 2000, January has been notably weaker and in Midterm years average performance for DJIA and S&P 500 turns negative. Santa Claus Rally ends on January 4, First Five Days concludes on January 7 and lastly the January Barometer at month’s ...

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