The 2019 stock market comeback resembles a 'January effect on steroids'

  • 📰 CNBC
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Beware market bulls: The stock market's stellar rebound this year could be driven merely by a short-lived trend.

div > div.group > p:first-child"> Investors started this year in a buying mood, pushing up prices of last year's laggards, which is the logic behind Wall Street's"January effect," a theory that there is a seasonal rally in stocks during the first month of the year following a December decline due to tax reasons.

"Our advice for Q2: forget the last 90 days ever happened. The S&P 500's 11 percent bounce YTD was basically a January Effect on steroids with a Fed policy change adding gasoline to that fire," said Colas in a note to clients on Tuesday. Sometimes the"January Effect" is used to reference a jump in small cap stocks near the end of a year and into January, a theory popularized by the Stock Trader's Almanac. The iShares Russell 2000 ETF, a benchmark for small stocks, is up 13 percent this year, more than big caps.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

It’s a buyback fueled s&p mini manipulated short trap/cover algo triggered rally. Nothing more than that.

I wanna know who is doing an IPO soon! investments StockMarketNews StockMarket

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 12. in İT

Italia Ultime Notizie, Italia Notizie