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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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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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