For our portfolios, the last few weeks haven’t exactly felt very bullish.
Volatility has returned with a vengeance and the market has continued to fluctuate between gains and losses. Right now, we’re sitting at a loss for the entire year. It’s enough to make investors seriously consider taking gains off the table and running to cash.
However, they may want to do an about-face on that position and think a bit more positively.
Investors feeling bearish about their prospects may want to take a look at the January barometer. The old-school stock-picking metric has once again come up predicting gains for the equities in the new year. And that could mean the recent dips in the market could be buying opportunities.