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Fern29
01-07

Great ariticle, would you like to share it?

Do You Believe in January Effect or Not?

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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 or Not?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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