January indicator is positive so far.....

Many are looking at January indicator with great concern, here is the result of first 5 days of January trading in S&P 500 which is the biggest indicator of 500 stocks, the result is :


S&P 500 close Dec 31st, 2014................2058.90


S&P 500 close January 8th, 2015............2062.14


Net gain in 5 trading days of January..........+3.24 points


So far so good for first 5 trading days of January


BUT..now we have to watch, how we end the month of January.......as they say.... as goes January, so goes the year....


2015 will be a tough year as was evident @ the start......first 5 days barely UP & first 6 days we are down as we closed @ 2044.81 down 14.09 points......


BUT 2015 will be a stock pickers dream, buy emerging story and stick with it, gains could be substantial.


Major indices including Russell will zig zag until September, then we move UP sharply from October to March 2016.....which used to be seasonal pattern of strength.....NOT this year......


2015 will dictate a diversified portfolio in many sectors as they will rotate and take turns until September......


Oil may find stability around September also.....


Fed may have increased interest rates by .25% by September also...


Europe may turn UP by September also.....


India & China may see strong GDP growth by September also.....


Until September Gold may rule, with all the uncertainties in the world.


SO.....a crystal ball is looking @ many things in 2015, either you follow some , all or none is based on what makes you comfortable.


We all may need luck in 2015, as dart throwing approach may have come to an end......


BLOG does NOT give buy or sell.


Saleem

Posted in: Mixed