After its worst December since 1931, the S&P just posted its best January performance since 1987. The question now is whether there is more upside ahead (and thus now is a time to buy) or whether there is trouble ahead. One technical analyst in the “trouble ahead” camp is pointing to two specific developments that may be warning signs for stocks – one development related to small-cap stocks and one related to gold which he states “could be an isolated event, [or] could mean something more.” For more, CLICK HERE.
After A Terrible December And A Terrific January, More Upside — Or Trouble — Ahead For Stocks?
- by Bob Mitchell