Jan 21, 2024 2 min read

Performance!

Performance!
Photo by Aditya Vyas / Unsplash

For the period ended 1/19/2024

The S&P 500 may have made a new high on Friday but most asset categories remain in negative territory as we approach the end of January.

Here's what happened last week:

Source: Under A Buttonwood Tree

Here's how it looks after three weeks of trading in 2024:

Source: Under A Buttonwood Tree

From a momentum standpoint, stocks are still looking up.

Source: StockCharts.com

Download our market update report for all the details:

The market's rally off of last October's lows has left investors in perhaps an overly bullish state of mind, raising the risks of a correction should we get disappointing news on earnings, the economy, geopolitics, etc.

CNN Fear and Greed Index
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