Does Extreme Optimism, January Gains Spell SPX Trouble?

The S&P 500 Index (SPX) gained 1.4% in January -- a historically a good sign for the months ahead. According to the January Barometer -- a well-known seasonal indicator -- a positive first month typically leads to strong returns for the remainder of the year. Data going back to 1950 shows the markets has significantly outperformed through the year's end when January ends on a high note.Below, we will break down numbers for the remainder of the year based on our current environment and assess which stocks ha ...