As Goes January | LPL Financial




Market Signals by LPL Financial show

Summary: As goes January, so goes the year. We look at this time-tested investment adage as we add in stocks’ recent losing streak, potential market volatility, and spreading coronavirus fears. Plus, a final nod to Super Bowl LIV. Stocks just experienced their first two-week losing streak since early October 2019 and their worst weekly decline since August 2019. The continued spread of the coronavirus has sparked much of the selling, but as the LPL strategists note, many factors were set in motion for some well-deserved pullback and market volatility.