Almanac Update February 2018: Big January Gains Correct or Consolidate in February

February tends to follow the current trend, though big January gains often correct or consolidate during the month of Valentines and Presidents as Wall Street evaluates and adjusts market outlooks based on January’s performance. Since 1950, January S&P 500 gains of 2% or more corrected or consolidated in February 62.1% of the time. In the 20 years that the S&P 500 gained 4% or more in January, 65.0% of the time the S&P declined or finished flat (less than 1% ...

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9
FEB
2018

0

Almanac Update

$^GSPC, $^IXIC, $^RUT, $DIA, $QQQ, $SPY, DJIA, NASDAQ, S&P 500, Seasonal

Market Outlook February 2018: Bullish 2018 Forecast on Track, January Trifecta In Play

Incoming economic and corporate data readings along with the positive reception to the new tax law on Wall Street and in boardrooms across the country have conspired to keep my more bullish 2018 forecast scenarios from last month on track. Positive readings from the first two legs of my January Indicator Trifecta lend further support to our positive outlook for 2018. However, many have latched onto the notion that due to the fact that the market is off to its ...

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9
FEB
2018

0

Monthly Outlook

$DIA, $IWM, $QQQ, $SPY, DJIA, NASDAQ

January 2018 Market at a Glance

Seasonal:

Bullish. January is the third month of the Best Six/Eight, but it is the last of the Best Consecutive Three month span. January is the top month for NASDAQ (since 1971) averaging 2.5%, but it has slipped to sixth for DJIA and S&P 500 since 1950. Midterm January’s have a troublesome record with average losses for DJIA, S&P 500, NASDAQ, ...

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12
JAN
2018

0

Market At A Glance

DJIA, Fed, GDP, NASDAQ, rates, S&P 500, Seasonal, sentiment

Almanac Update January 2018: Results from Trio of Indicators Could Reshape 2018

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

In midterm years, January ranks near the bottom since 1950. Large-caps have been the worst with S&P 500 and Russell 1000 ranking ...

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12
JAN
2018

0

Almanac Update

DJIA, First Five Days, January, January Barometer, NASDAQ, S&P 500

Posts Tagged 'NASDAQ'