QVMM - The January Barometer Holds 2024 Promise

2024-01-29 22:05:00 ET

Summary

• As we come to the end of January, having made fresh all-time highs in the S&P 500 last week, one is reminded again of the old trader’s saw that, “As January goes, so goes the year.”.
• October through January tends to be the strongest time for the stock market, whereas February and September tend to be weak months over time.
• I am watching with great interest heavy selling in Chinese stocks markets, be they on the mainland or in Hong Kong.

As we come to the end of January, having made fresh all-time highs in the S&P 500 last week, one is reminded again of the old trader’s saw that, “As January goes, so goes the year.”...

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