Historically, a strong January (>5% return) after a prior down year has been extremely kind to the bulls. Average returns over the full year have been 29.7% with a 100% positivity rate.
To be fair, this is a small sample size. But it'a still another feather in the bull’s cap.
— Brant
Disclaimer:The content provided on the Capital Notes newsletter is for general information purposes only. No information, materials, services, and other content provided in this post constitute solicitation, recommendation, endorsement or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Always perform your own due diligence.
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Chart of the Day: February 4, 2023
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Only a quick post today without much explanation — it’s the weekend after all, what are you doing reading this?
The chart in Figure 1 is courtesy of Ryan Detrick.
Historically, a strong January (>5% return) after a prior down year has been extremely kind to the bulls. Average returns over the full year have been 29.7% with a 100% positivity rate.
To be fair, this is a small sample size. But it'a still another feather in the bull’s cap.
— Brant
Disclaimer: The content provided on the Capital Notes newsletter is for general information purposes only. No information, materials, services, and other content provided in this post constitute solicitation, recommendation, endorsement or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Always perform your own due diligence.
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