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"As goes January, so goes the rest of the year...." Not necessarily!

we see no correlation

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#1 Rogerdodger

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Posted 08 January 2016 - 10:40 PM

So Goes The First Week... And The Year?

The old adage says, "As goes January, so goes the rest of the year...." Without going much further, we will say that we haven't found any merit in seasonality themes. Pundits last month were certain of a "Santa Claus" rally, yet the market finished down -1.75%. Below, we look at another hypothesis about the first weeks' performance and the remainder of the year. Yet again, we see no correlation with week #1 and the final result of the S&P 500.

 

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Edited by Rogerdodger, 08 January 2016 - 10:44 PM.