It seems certain that most investors will be glad January is over and are hoping that February will be less volatile. Many are worried that a lower close in January will mean a lower close for the stock market in 2015. The so-called January Barometer, developed by Yale Hirsch, has an 88% chance of determining where the market will close using data since 1950. This does not include years where the market closed flat. Recently, it has not been as accurate. The S&P 500 closed January lower in 2014 ...
It seems certain that most investors will be glad January is over and are hoping that February will be less volatile. Many are worried that a lower close in January will mean a lower close for the stock market in 2015. The so-called January Barometer, developed by Yale Hirsch, has an 88% chance of determining where the market will close using data since 1950. This does not include years where the market closed flat. Recently, it has not been as accurate. The S&P 500 closed January lower in 2014 ...
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