“It’s January Barometer ( JB )* time again, and while it has its detractors, the trend set by the S&P 500 in January has a good track record (91% accuracy) for forecasting the general tone of the market for the year. Technically, the JB was wrong last year with January’s 8.6% drop and a year that finished ahead 19.7%. Worth noting however, the S&P did drop 19.3% between the end of January and the bear market bottom March 6-9…”
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About George Brooks:
George Brooks started in the investment business as a stock broker in 1962 and quickly gravitated to the research end of the business, first undertaking his own vast study of fundamental and technical analysis, then taking a position as director of stock market and economic studies for a leading money manager and publisher. In 1973, he formed his own firm to provide daily market timing and stock selections for two regional NYSE member firms, as well as special situation research and written analysis for leading investment advisory publications.
About EQUITIES:
Since 1951, EQUITIES Magazine has been a leading media company providing business editorial content designed to serve the needs of business leaders, professionals, institutional investors and retail investors. We are focused on business and the business of making money, not on lifestyle subjects. We publish original reporting in print and on our website, as well as select content at www.nasdaq.com. For 28 years we have hosted our own branded investor conferences that connect public company CEO’s with our loyal readers in the investment community.
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