At the start of 2024, we released our January Barometer forecast, highlighting that while the year might start with a weaker, more consolidative phase, it would ultimately transition into one of the strongest bullish trends in history. Now, as we find ourselves in the last quarter of 2024, we can see just how accurate that projection was.
There are countless opportunities for profit in the stock market, but few stand out with a combination of solid fundamentals and technical indicators for success.
Most people are unaware of the reality of economic cycles. However, Larry Williams, a trading legend and expert in economic cycles, sheds light on the 4-year inflation cycle.
Created by Yale Hirsch in 1972, the January Barometer or January Effect states, “As goes January, so goes the year”—only 12 significant errors since 1950 and boasting an 83.6% accuracy ratio.
Trading success leaves clues. The profitable professionals use systematic, measured approaches and don’t consider it a ‘hustle’ for quick financial gains.