Time: 16:45

From:  Way West of Wall Street 

Dear Friend & Subscriber,

I have been getting a lot of questions on the January Barometer which has been all over the news this week.

It’s a fairly simple long term trading (1 Year) strategy that a lot of Online Traders tend to follow.  This is not necessary an online day trading strategy because you would hold your position(s) overnight.

The strategy is to simple look at how the S&P 500 index performs in January.  If January has a positive return, then the strategy states the S&P 500 will have a high percentage of having a positive return for the year

If January has a negative return, then the strategy states the S&P 500 will have a high percentage of having a negative return for the year.

That’s it.  Pretty Simple.

Sincerely,

Michael MeAngelo