January Barometer

Absent a 13% decline in the next two weeks, the January Barometer was correct this year, which of course is evidence of nothing in my opinion. But for all you believers out there toting around your Stock Trader’s Almanac, I wanted to acknowledge your win. Since you also probably believe in the “Sell in May and Go Away” theory, I am sorry you missed out on the 5.1% gain from May to November. And how do you explain the Second Year of the Presidential Cycle being so good this year or that an AFC team won the Super Bowl last year? Regarding 2007, I am sorry that Global Warming will likely ruin this year’s white Christmas in Boston. And the dominance of the NFL by the AFC division this year isn’t making that Super Bowl Indicator look too encouraging again. I do hear that keeping your fingers crossed works well and to improve your chances, don’t break any mirrors next January.