Blog posts of '2023' 'January'

Since coming out of 2023, markets have been rallying higher into the new year with more than +4.0% gains for the S&P 500. And after hitting resistance near the 4000 region, markets are consolidating after a strong rally. As we made note from our last blog on 1/7/23, we stated the following:

"The ke...

Though not a substantial rally, the Santa Claus rally did produce this year. With the last five trading days for 2022 and the first five for 2023, the S&P 500 rose above 2022's close at ~3839. That is remarkable considering the current pessimism in the market and the many financial pundits calling f...