If January Predicts the Rest of the Year, Investors Could Be Hurting
by Mike Piershale, ChFC
Feb 02, 2022
3 minutes
The month of January 2022 is over, and it wasn’t a pretty one for investors. The Standard & Poor’s 500 closed at 4516, down 251 points, or 5.3%, for the month. Now, for some more potential bad news: If you believe a popular stock barometer, the market pain might just be getting started.
That’s because two patterns in January have historically predicted the direction of the stock market for the rest of the year with a high degree of accuracy, according to the Stock Trader’s Almanac.
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