The S&P 500 gained 7.94% in January, ending at 2,704.10. This was the best start to a year for the S&P 500 since 1987. The signals for the market going into February may surprise you. The partial government shutdown has made it more challenging to determine the state of the U.S. economy. The 35-day partial U.S. shutdown delayed many important economic reports. Hopefully the shutdown doesn't resume February 15. Let's jump right into the details and review price, sentiment and valuation.
Thursday, January 31, 2019
Tuesday, January 1, 2019
January Market Update - 2019, What will you bring?
The S&P 500 lost 9.18% in December, and lost 13.97% for Q4 2018. For 2018 the S&P 500 decreased 6.24% ending at 2,506.85. Looking at the NASDAQ Composite, which was formed in 1971, we notice that it had its worst December on record down 9.48%. For 2018, the NASDAQ Composite lost 3.88%. Many headlines in the business section of major news outlets will highlight that stocks had their worst year since 2008. Let's leave 2018 behind us and review price, sentiment, and valuation as we start 2019.
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