+4.7% on the S&P.
The last time the market went up this much in January was in 1997, when it soared 6.18%. It’s worth noting, the market followed through with strength in February of 1997, gaining 0.96%. But, in March of ’97, the market plunged by 4.38%.
The last time we had similar gains was in 2001, when the market moved ahead by 4.45%. In February of 2001, the market crashed by 9.54% and fell some more in March by 5.6%.If you enjoy the content at iBankCoin, please follow us on Twitter