Back-to-Back January Declines are Ominous

by Ashraf Laidi

Jan 20, 2015 19:37

10 days remain in January and stocks are already down 3% as measured by the S&P500. Many are familiar with the old adage “As January goes, so goes the rest of the year”, but do you know what happened when the S&P500 had 2 or 3 CONSECUTIVE JANUARY DECLINES? The chart & analysis will reveal here.

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Back-to-Back January Declines are Ominous - Spx Yearly January Jan 20 (Chart 1)

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