SteadyTapeQuantitative Market Research

January Barometer / Trifecta

January positive (+1.29%) but trifecta incomplete. Median FY forward: +14.2%. Positive January alone is a weaker but still bullish historical signal.

▶  View the live, interactive version with full charts →

Santa Claus Rally + First Five Days + full Jan return predict full-year direction.

Santa Claus Rally
-0.39%
First Five Days
+0.93%
Full January
+1.29%
Trifecta
NO

When to run this study

Run any time. The three readings complete sequentially in early January: Santa Claus Rally (by ~Jan 3), First Five Days (by ~Jan 8), Full January (by ~Jan 31). A "Trifecta" (all three positive) has historically been a strong full-year tailwind. Once finalized, the signal fires as an active 12-month forward-return bet.

Historical results

Trifecta Years — Full-Year and Rest-of-Year SPY Returns

YearSantaFFDJanFeb-DecFY
20230.221.856.7418.7126.71
20210.633.380.3530.0530.51
20194.212.637.8921.5031.09
20181.111.924.89-9.66-5.25
20170.390.541.0219.5720.78
20121.040.41310.8514.17
20111.060.071.28-0.430.85
20060.431.630.6313.1313.84
20042.571.932.028.5510.75
20013.101.076.37-15.51-10.13
19991.433.843.7616.2920.66