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The Monday Morning Playbook: Week of February 5, 2024

Rolling through the yellow flags + February ETF portfolio updates

Good morning,

January is finally over and after missing on the Santa Claus Rally and the First 5 Days Indicator, the full month came out with a positive return, bullish for the rest of the year.

Combined with the breadth thrusts we saw in December, it is another reason to expect higher stock prices through the end of the year.

However, the list of yellow flags continues to increase as we enter February, historically one of the weakest months in election years.

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Brown Technical Insights
Brown Technical Insights
Scott Brown, CMT