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January Barometer |
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January Barometer A theory stating that the direction of the S&P 500 during the month of January sets the S&P 500's direction for the remainder of the year. Notes: In other words, if the S&P 500 is up in January, it will be up throughout the year. |
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? Mentioned in | ? References in periodicals archive | |
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A seasonal indicator with a stronger rationale, the January barometer long espoused by investment adviser Yale Hirsch, gave a better performance in 2000. Based on the January Barometer, which maintains "as goes January, so goes the year," this bodes well for the market's prospects. |
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