Can February Extend This Three-Month Rally?

$S&P 500(.SPX)$ has seen three consecutive months of gains, with the market hitting new highs, now just a stone's throw away from 5000 points.

The combination of earnings season and AI hype made for a cheerful January in the stock market.

Tonight's FOMC decision will set new directions for rate cut expectations.

However, what's more crucial is earnings reports from the three tech giants: $Apple(AAPL)$ , $Meta Platforms, Inc.(META)$ , and $Amazon.com(AMZN)$ . These reports will have a far-reaching impact on the market.

How will market perform in February?

Sam Stovall, chief investment strategist at CFRA,

“February ranks as the second worst month of the year, with an average decline of 0.21%, following September."

Can February extend the rally of January?

Or broader market will retreat like history shows?

How do you expect February’s performance?

Leave your comment and also post to win tiger coins~

# Will Market Hit 5000 in February?

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  • MHh
    ·01-31
    TOP
    Unlikely? There will be those who take profit and also many waiting to see the Fed’s decision
    @SR050321 @Success88 @DiAngel @AliceSam @Fenger1188 @SPOT_ON @rL @HelenJanet @Kaixiang @Universe宇宙 come join
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  • SR050321
    ·02-01
    TOP

    The prices seems to go down a little bit maybe due to many investors/traders already on holiday mood for Chinese New Year. 🧧 

    I don't think it will extend, it is depend on how fed too and economic situation (the company earning reports)

    1. The market could be getting ahead of the Federal Reserve in terms of interest rate cuts. While the Fed expects only three interest rate cuts in 2024, the market is currently pricing in six interest rate cuts next year. Any pullback in expectations of how many times the Fed cuts interest rates next year could lead to downside volatility in stocks.

    2. "AI timeline could be pushed out due to a 'systematic hack' by malevolent AI," Lee said.

    3. "Equity markets need to consolidate the parabolic gains from late 2023," Lee said.

    4. "A drawdown in February/March timeframe is consistent with election year seasonal returns," Lee said.

    See picture thanks 

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  • icycrystal
    ·02-06
    TOP

    with Fed indicating it's not.time to cut rate, it sends the market trending down these few days. therefore, may not see any good performance soon...

    however, this is also the opportunity to buy stocks at a good price...

    @rL @LMSunshine @HelenJanet @GoodLife99 @Universe宇宙 @koolgal @Shyon @Aqa @DiAngel

    Can February extend the rally of January?


    Or broader market will retreat like history shows?


    How do you expect February’s performance?


    Leave your comment and also post to win tiger coins~

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  • Cory2
    ·02-01
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    Chinese Spring Festival is coming up (Chinese New Year). Workers are poised to go on holidays from now for two weeks or more. Warehouses and ports slow or stop production. After, many companies have to rehire for whatever reason. They then have quality control issues with starting back up again. And China is still the largest exporter in the world (https://worldpopulationreview), which cites that “China exported an estimated $2.72 trillion worth of goods and services, primarily electronic equipment and machinery such as broadcast equipment, computers, integrated circuits, office machine parts, and telephones. In 2018, China’s exports made up about 10.78% of the global total.” China has also notably overtaken Japan as the “world’s biggest vehicle exporter” also (https://www.nbcnewyork.com/news/business/money-report/china-comes-just-shy-of-japan-as-the-worlds-largest-car-exporter/5091032/). You also have other large exporting asian nations who observe the holiday also. I expect rain…
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  • Bonta
    ·02-01
    The issue isnt about february, but its more of the current market run up. Markets has been sprinting up, not jogging up. Those whose positions are profitable will be itching for exit points. Seasoned investors and market makers has likely already started profit taking. Hence the sell off for google and microsoft. Likely they are starting to sell in stages. How to track this? Observe if the rally starts to slow down and have signs of plateau. As long as there’s no strong buying momentum, the rally cant continue. Its just coincidental that today is start of feb. Hang tight everyone. [Cool]
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  • Success88
    ·01-31
    I don't think can. Most of the company earning report not doing so well. I got a feeling going bearlish again. Time to sell call
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  • @Universe宇宙

    @MasterStonker

    @highhand

    @Mrzorro

    @Success88

    @hd87

    @MHh

    @Aqa

    @icycrystal

    @Bonta

    @SR050321

    @Cory2

    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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  • Aqa
    ·02-06
    The level of market uncertainty was high prior to FOMC’s decision to maintain the target range for the federal funds rate. The market was geared towards profit-taking so it is unlikely that February will extend the tally of January. The broader market may retreat like history showed.
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  • hd87
    ·02-01
    I think February will pull back after the rally of January. The broader market will likely retreat like history shows. February share market performance might pull back during the second half of the month.
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  • 最近发布的科技巨头季报似乎都不太好,突破5000大关难了
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  • Mrzorro
    ·02-01
    February seems like pullback month... but it depends on Fed decision. hopefully it will be a good one!
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  • WanEH
    ·02-01
    本来可以的,不过在鲍威尔发表了最新的言论后,感觉有点悬了。
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  • highhand
    ·02-01
    no. Feb typically a down month. it's time for a brief correction before we continue the rally.
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  • Seasonally February is the month when the shiat hits the fan lol
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  • 散修2706
    ·02-02
    能!相信未来是美好的
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  • Rolling in the deep ... [Thinking]
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  • kooko
    ·01-31
    🙌 Impressive content!
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  • YueShan
    ·02-01
    Good⭐️⭐️⭐️
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