Welcome to all of the new subscribers and to the first issue of 2023! Hope you enjoyed the holiday weekend. Markets closed out December near year-to-date lows, a fitting gesture for what was a tough 2022. As we enter the new year, watch for the “January Effect”, a seasonal period of positive performance driven by investors reentering the market after December’s tax-loss selling. Currently, the market trend is down on all time frames, so I’ll be watching for a change before entering long positions for the first time this year.
The Next Market Leaders - 1/2
The Next Market Leaders - 1/2
The Next Market Leaders - 1/2
Welcome to all of the new subscribers and to the first issue of 2023! Hope you enjoyed the holiday weekend. Markets closed out December near year-to-date lows, a fitting gesture for what was a tough 2022. As we enter the new year, watch for the “January Effect”, a seasonal period of positive performance driven by investors reentering the market after December’s tax-loss selling. Currently, the market trend is down on all time frames, so I’ll be watching for a change before entering long positions for the first time this year.