Momentum

Does January Foretell the Future?

Happy 2018! Through yesterday, the stock market has greeted the new year with a 1.8% rally in the large company S&P 500 Index, a 2.53% spike in the technology laden NASDAQ, and a 1.32% rise in the small company Russell 2000. If you haven’t already, you will likely start to notice pundits making predictions based upon what these gains mean for the upcoming year.