Posts Tagged 'Stock Traders Almanac'

January Barometer: January Trifecta Spoiled by Coronavirus

The market decline on the last day of January spoiled what would have been the fourth consecutive January Trifecta. S&P 500 finished January down 0.2% and thus the January Barometer is negative.

Devised by Yale Hirsch in 1972, the January Barometer has registered ten major errors since 1950 for an 85.7% accuracy ratio. This indicator adheres to propensity that as the S&P 500 goes in January, so goes the year. Of the ten major errors Vietnam affected 1966 and 1968. 1982 ...

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Market Outlook December 2019: Santa Claus Rally & Yearend Highs

The beat rolls on. In the face of ongoing geopolitical and U.S. political volatility, machinations and all the noise, equity markets continue to march higher. While economic growth has slowed underlying strength remains evident. Market internals still have room for improvement with the Advance/Decline positive but not on the same trajectory as the indices and a dearth of new 52-week highs.

If election-cycle politics come into play, we will either get a deal in principle before the December 15 date when new tariffs are supposed to kick in ...

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