Do You Believe in January Effect or Not?

Tiger_comments
01-05

After sweet November and December, US stock market started off poorly in the first trading week of 2024, causing unease among investors.

$S&P 500(.SPX)$ and major tech stocks have been falling for 5 consecutive trading days.

We may see the pullback continues as today's employment report came in stronger than expected.

Some hope for a turnaround in the market, as they believe that the performance in the first month of the year sets the tone for the rest of the year's market conditions.

Fidelity analyst, however, states that after bad January, the stock market has a long term propensity to rise.

Do you believe in January Effect?

Will market turn around in January?

How's your portfolio going in the first trading week?

Leave your comments and also post to win tiger coins!

# Do You Believe in January Effect?

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  • icycrystal
    ·01-06
    TOP
    pullback seems to continue as employment report came in stronger than expected. major tech stocks have been falling for 5 consecutive trading days.

    however, analyst states that after bad January, the stock market has a long term propensity to rise.

    perhaps January effect may continue, then again, perhaps not... [Thinking] [Thinking] [Thinking]

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  • icycrystal
    ·01-06
    TOP
    pullback seems to continue as employment report came in stronger than expected. major tech stocks have been falling for 5 consecutive trading days.

    however, analyst states that after bad January, the stock market has a long term propensity to rise.

    perhaps January effect may continue, then again, perhaps not... [Thinking] [Thinking] [Thinking]

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  • MHh
    ·01-06
    TOP
    Looking at the graph, the january effect dont look too consistent. 2024 seems the same as the previous 2 years, market moves based on fed decisions. Im waiting for further dips then add again
    @DiAngel @SR050321 @Kaixiang @AliceSam @rL @Fenger1188 @SPOT_ON @HelenJanet @Success88 come join
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    • SPOT_ON: 
      [ShakeHands]
      01-08
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  • xXxZealandxXx
    ·01-06
    TOP
    sup @Tiger_comments

    Market in for more downtrend if people keep taking (payout) with no return motivation, almost feels like most of us are waiting for feb (Bull) as Jan (Bear) trend is going to flux to compenate?  (My view) Santa Rally would have lead a heavy hit in AI and Tech to have it perfrom as it is... glad i missed it.

    Cheers @icycrystal

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  • RickPANDA
    ·01-06
    TOP
    PCT: January Effects Or Not V1.0 .
    PCT = Pandas Coffee Talk.
    What goes up in Christmas Rally. Tendency people profits-taking in January Effects. But this time in Jan2024. It becomes a opportunities. Why? CNN Fear Index shows extreme greeds. The market stock breath have turned from 7Stocks of Magnificant7 into 3000Stocks. Fed in 2024 even she dont lower rates but she confirm will hold rates. All this points to a Jan2024 tiny firesales due to Japan Earthquake to a min small bullruns in 2024.
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  • DiAngel
    ·01-07
    As a long term investor, i dont believe in January effect. My main concern is how much dividends i m generating from my SG counters end of the year. When i felt the time is right, i will DCA my current counters.


    In dec, i just DCA one of my Reits counter. The last time i was active in my SG counters were in Aug 2020. Then in nov 2021, i was trying my luck in US counters with Tigers. On Friday, i just DCA $Bank of America(BAC)$ as i have some cash with Tigers. My holding in Tiger is a tiny fraction of my Poems account.


    This year i m back to being active in SG counters as i have set a goal for myself. [Grin]. Hope my dream will come true. [Bless]🙏🙏🙏. I m building up my passive income.
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  • RobinChanKH
    ·01-06
    I believe but however there are alots of contributing factors. perhaps January effect may continue, then again, perhaps not... my portfolio is in red for the first trading week in 2024.
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  • highhand
    ·01-06
    after go so high, it's time to take a breather. maybe go sideways for a while. there could be a pullback later, but no worries. that's the time to buy
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  • logostauros
    ·01-06
    the end of year euphoria in 2023 seems unwarranted in the face of unresolved global issues such as conflicts in Ukraine and Middle East, and longstanding US-China tensions. While hopeful for a strong market this year, it is still prudent to keep some assets in safe harbours.
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  • Universe宇宙
    ·01-06
    Look at the sentence in the picture: Past performance is NOT a reliable indicator of future returns. [Thinking] [Surprised] .....
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  • 多鱼先生
    ·01-06
    I have this feeling that Jan will be a drop and then early Feb will accelerate the drop. Whereas more indicators and data will be released in early Feb, that could signal recession.
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  • DavidSG
    ·01-06
    Pull back may be good for now so that the market can digest a little before moving up again.
    Meanwhile relax, get ready and make preparation for the Chinese New Year!
    May the market be with you! @JC888, @koolgal  @icycrystal
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  • hd87
    ·01-06
    There is a likelihood ofJanuary Effect while not 100%. It is possible that the market will turn around in January. My portfolio has been down slightly in the first week trading while gaining positive returns over the past two months.
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  • TimothyX
    ·01-05
    相信。


    隨着今天的就業報告強於預期，我們可能會看到回調繼續。


    有些人希望有轉機在市場上，因爲他們認爲今年第一個月的表現爲今年剩餘時間的市場狀況定下了基調。
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  • TimothyX
    ·01-05
    相。


    隨着今天的就業報告強於預期，我們可能會看到回調繼續。


    有些人希望有轉機在市場上，因爲他們認爲今年第一個月的表現爲今年剩餘時間的市場狀況定下了基調。
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  • Tiger_comments
    ·02-02

    @MFME

    @phongy 45

    @Success88

    @GoodLife99

    @Ysheng

    @Gk009

    @TimothyX

    @Kok

    @Toby_Chua

    @Bunifa Latif

    @ash73

    @andrew123

    @Universe宇宙

    @Alubin

    @WonderElephant

    @highhand

    @Mrzorro

    @多鱼先生

    @RobinChanKH

    @nomadic m

    @aresynrto

    @SPOT_ON

    @DavidSG

    @hd87

    @whatstudiomesin

    @logostauros

    @MHh

    @icycrystal

    @xXxZealandxXx

    @intheloop

    @RickPANDA

    @DiAngel

    Thank you for commenting on my post. Your coins have been sent to your account~ Don't forget to check your tiger coins💖

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  • aresynrto
    ·01-16
    Yes I believe in the January effect! Statistics is always right! Looking forward to a bullish 2024! Thank you <a href="https://ttm.financial/U/3501196737273098"> @Tiger_comments </a>for the coins!
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  • TimothyX
    ·01-08
    隨着今天的就業報告強於預期，我們可能會看到回調繼續。


    有些人希望有轉機在市場上，因爲他們認爲今年第一個月的表現爲今年剩餘時間的市場狀況定下了基調。


    然而，富達分析師表示，在糟糕的1月份之後，股市有長期上漲的趨勢。
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  • SPOT_ON
    ·01-08
    typically January should be a good month for stocks..  @Tiger_comments

    SELL IN MAY AND GO AWAY ...

    @MHh
    @Success88
    @Ron18
    @Aqa
    @GoodLife99
    @Kaixiang
    @SR050321
    @StickyRice

    come join

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  • Mrzorro
    ·01-08
    maybe January effect is working but I doubt about that. I more believe in FED effects [LOL] what ever decision made by fed will definitely impact the stock market !
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