Afternoon Note
The myths of January have driven investor decision making forever but, how much do they really matter?
Some think the first day of trading day is an omen for the entire year, but that hasn’t been true as the market has rallied most years when the first day is down.
And if people are fretting about a down month, maybe they shouldn’t. The final 11 months have been up on average of 11.5% in years when January is a loser
Moreover, the so-called January effect that small stocks outperform large stocks. Today Russell is outpacing the S&P 500 and that's a good sign but there is still a lot of waiting and seeing.
Breadth is decidedly positive this afternoon across the board, with more highs than lows.
Market Breadth |
NYSE |
NASDAQ |
Advancing |
1,785 |
2,991 |
Declining |
1,533 |
1,617 |
52 Week High |
89 |
87 |
52 Week Low |
25 |
74 |
Up Volume |
1.38B |
1.89B |
Down Volume |
655.3M |
692.1M |
Tweet |
7/3/2025 9:45 AM | NICE & STEADY AS SEMIS CONTINUE TO CHIP IN |
7/2/2025 1:44 PM | Materials' Strength Continues |
7/2/2025 9:38 AM | BARNBURNER |
7/1/2025 1:29 PM | Rotation |
7/1/2025 9:45 AM | FEAR OF MISSING OUT IS CREEPING IN |
6/30/2025 1:24 PM | Steady As She Goes |
6/30/2025 9:54 AM | SUMMER RALLY STARTS |
6/27/2025 1:35 PM | Reaching New Heights |
6/27/2025 9:39 AM | THERE'S MORE! |
6/26/2025 1:10 PM | S&P Approaches Record |
6/26/2025 9:51 AM | CHIPS MOMENTUM CONTINUES |
6/25/2025 1:42 PM | Tech Stocks Power Nasdaq 100 |
6/25/2025 9:47 AM | CLIMBING MOUNTAINS OF WORRY |
6/24/2025 1:47 PM | Peace Rally |
6/24/2025 9:48 AM | PEACE THROUGH STRENGTH: THE MARKET LOVES IT |
6/23/2025 1:47 PM | Getting Some Resolve |
6/23/2025 9:51 AM | BRACING |
6/20/2025 1:29 PM | Second Triple Witching |
6/20/2025 9:38 AM | POWELL BLEW IT |
6/18/2025 12:41 PM | FED Day |
6/18/2025 9:45 AM | ROOM WITH A VIEW |
6/17/2025 1:26 PM | Tension Continues |
6/17/2025 9:50 AM | THE BIG TECH TEN & CO |
6/16/2025 1:34 PM | Fears Subside |
6/16/2025 9:44 AM | DRUMBEATS OF PEACE |
More commentary archives |
Home |
Products & Services |
Education |
In The Media |
Help |
About Us |
Disclaimer | Privacy Policy | Terms of Use | All Rights Reserved.
|