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Jan 08 2025

A 2024 Technical Retrospective

  • Jan 8, 2025

One can’t blame the stock market for not hinting that 2024 was going to be a barn burner. It did. On January 2, 2024, a critical “breadth-thrust” signal was triggered and, true to historical form, SPX delivered a 20%-plus gain through the next twelve months. Notably, an impressive aspect of the breadth-thrust track record remains intact: The index has never registered a 12-month loss after any these signals.

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager