January S&P 500 Seasonality Poised To Weaken After December 2023 Rally: Analyst Forecasts Strong Stock Returns For 2024
Stock market, gauged by S&P 500 index, saw a 5% increase in Dec. & January's returns historically have been 'middle-of-the-road'. Two-month window of Jan-Feb shows weaker performance. Post-holiday surge may predict Jan's gains & periods after 14% rise may precede 20%+ gains