Do You Believe in January Effect or Not?
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!
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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]
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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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
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.
12月，我刚刚DCA了我的一个房地产投资信托基金柜台。我最后一次活跃在我的SG柜台是在2020年8月。然后在2021年11月，我在美国老虎柜台碰碰运气。星期五，我只是DCA$美国银行(BAC)$因为我在老虎队有些钱。我对老虎的控制只是我诗歌中的一小部分。
今年我又开始活跃在SG柜台，因为我为自己设定了一个目标。[咧嘴笑]。希望我的梦想成真。祝福🙏🙏🙏。我正在积累我的被动收入。
Meanwhile relax, get ready and make preparation for the Chinese New Year!
May the market be with you! @JC888, @koolgal @icycrystal
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。
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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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。
SELL IN MAY AND GO AWAY ...
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