AI
| Followers | 71 |
| Posts | 12229 |
| Boards Moderated | 1 |
| Alias Born | 04/01/2000 |
Thursday, February 01, 2007 11:03:44 PM
Chart of the Day - COTD - The January Barometer:
http://www.chartoftheday.com/20070202.htm?T
As goes January, so goes the year. This particular phenomenon is what is referred to as the January Barometer. To test this theory, today’s chart presents the average performance of the S&P 500 one, three, six, and 11 months following a January gain (blue bars) and following a January loss (gray bars). The chart illustrates that the S&P 500 has performed much better (on average) during the months following a January gain. In fact, 11 months following a January gain; the S&P 500 was up 89% of the time. FYI - The S&P 500 was up 1.4% in January 2007.
http://www.chartoftheday.com/20070202.htm?T
As goes January, so goes the year. This particular phenomenon is what is referred to as the January Barometer. To test this theory, today’s chart presents the average performance of the S&P 500 one, three, six, and 11 months following a January gain (blue bars) and following a January loss (gray bars). The chart illustrates that the S&P 500 has performed much better (on average) during the months following a January gain. In fact, 11 months following a January gain; the S&P 500 was up 89% of the time. FYI - The S&P 500 was up 1.4% in January 2007.
Discover What Traders Are Watching
Explore small cap ideas before they hit the headlines.
