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Value And Momentum Breakout View: Cyclical Rally Faces A February Reckoning

Summary

  • Since 1927, the S&P 500 in January averages one of the most positive months of the year.  February averages the 2nd most negative month.
  • The Fed has reiterated in December and the minutes released in January that at least three more rate hikes are planned for 2023 starting at the Feb 1st FOMC meeting.
  • What does the road ahead look like for sectors and markets?
  • I am JD Henning. A Finance PhD and investment adviser with 30+ years trading and investing. I run Value & Momentum Breakouts where I identify breakout signals and breakdown warnings using technical and fundamental analysis. I run the investing group Value & Momentum Breakouts.
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