Markets Sending Ben Bernanke Out With a Bang

The market’s record when January is in the red isn’t great, but isn’t decisive either: it’s almost exactly a 50-50 bet, according to the Stock Trader’s Almanac. But we’ve also been following all these early indicators, the first-day of trading, first three days, first five days, the first month, and they were all in the red. That’s not a good sign, no matter the odds.

In addition, since 1957, when the S&P 500 was introduced, when the market is down for the month of January, it follows that up with a red February 64% of the time, according to John Kosar, director of research at Asbury Research, and has posted an average loss of 1.6% in those months.

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