forecast stock market 2013- Money Morning - Only the News You Can Profit From.
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Stock Market 2013: Does January Barometer Signal Dow at 15,140?
- By Billy Williams, Contributing Writer, Money Morning - January 31, 2013
The stock market ended January 2013 with the Dow Jones Industrial Average up nearly 6%, the best month since October 2011.
The Dow closed Jan. 31 at 13,860.58, up 5.77% this month. The Standard & Poor's 500 Index closed at 1,498.11, up 5.04% so far this year.
That's good news for investors. The theory is that the stock market's performance in the first month of the year sets the direction for the following 11 months.
At this rate, evaluating a few market indicators, here's where we could be by 2014.
