Posted: 15 Feb 2021 07:43 AM PST
Please register for Jeff Hirsch’s Free Webinar 2021 Almanac Outlook Update: Still Bullish But Expect Volatility From Negative January Barometer & Sluggish Vaccine Rollout on Wednesday February 17, 2021 at 1:30 PM EST at:
January Barometer 2021 is negative with the S&P 500 down 1.1%. This diminishes Jeff’s near-term outlook as every down January since 1950 was followed by a new or continuing bear market, a 10% correction or a flat year. But market behavior remains on track with historical seasonal patterns. The Santa Claus Rally and the First Five Days were both positive. So Jeff’s January Indicator Trifecta is two for three.
Join Jeff for an update on his 2021 Outlook in the wake of another down January. Jeff will also present a historical look at the first 100 days of past new administrations and the markets response to changing priorities and policies. He will review current technicals, fundamentals, monetary policy and sentiment along with seasonal factors that shape the outlook in the near-term and for the balance of 2021 and beyond.
Jeff is still bullish for full-year 2021 and expects any seasonal weakness in February or the Worst Six Months May-October to give way to the bull and for the market to finish the year in the range of his base and best case Annual Forecast scenarios around S&P 4200-4300 or more. Plus he will present a brief update on his Super Boom Forecast that he made in May 2010 with the DJIA at 10,000 for a 500+% market rise that would put DJIA at 38,820 by the year 2025.
After registering, you will receive a confirmation email containing information about joining the webinar. This webinar will be recorded. A link to the recording will be sent to everyone that registers. So even if you are unable to attend the live event, please register to gain access to the archived video.