Chart of the Day
As goes January, so goes the year. This particular phenomenon is what is referred to as the January Barometer. There is also a variation whereby the first five trading days are supposed to be indicative of the stock market's performance for the rest of the year. With the S&P 500 up (barely) after two trading days, today’s chart presents the average performance of the S&P 500 16 (end of January), 58 (end of Q1), 121 (end of Q2), and 247 (end of the year) trading days following a first five trading days gain (blue bars) and a first five trading days loss (gray bars). The chart illustrates that the S&P 500 has tended to end the year with a larger gain (on average) following a gain during the first five trading days. In fact, following a gain during the first five trading days in January; the S&P 500 finished the year up 77% of the time. Stay tuned...
- The market is at a critical juncture. Where we go from here may surprise you. Find out now with the exclusive & highly regarded charts of Chart of the Day Plus.
Source - Standard & Poor's
Rate today's Chart of the Day
By voting every day you help us get you the charts you want to see.
Quote of the Day
"I can't change the direction of the wind, but I can adjust my sails to always reach my destination." - Jimmy Dean
Events of the Day
January 08, 2007 - BCS Championship Game
January 15, 2007 - Martin Luther King Jr. Day (observed) - Golden Globe Awards - Australian Open Tennis Tournament begins (ends Jan. 28th)
Mailing List Info
Chart of the Day is FREE to anyone who subscribes.
-- To subscribe, simply type in your email address at the top left of this page.
-- To unsubscribe, simply fill in our unsubscribe form.
-- To change your email address, first subscribe with your new email address and then unsubscribe your old email address (as described above).
Chart of the Day is provided to subscribers without warranty of any kind and accepts no responsibility for its accuracy or for any consequences of its use.