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Giving Up the Bear Market for Lent

Released on Tuesday, March 7, 2023•ETFs

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There are loads of headline risk, inflation, and recession fears out there, as well as geopolitical concerns. But this recent selloff was rather typical seasonal behavior for February, especially the latter half of the month. February is the weakest link in the Best Six Months, November-April, and is the second worst month of the year. Plus, on the heels of the massive rally of the October and December lows, the market sure needed a bit of a respite. After a textbook Stock Trader's Almanac 4-Year Cycle midterm year October bear market bottom the prospects were bullish for 2023 at the outset. Now that the market has hit Jeff's Bullish January Indicator Trifecta his 2023 Forecast Best Case Scenario is in play. Join Jeff for his updated outlook on the Sweet Spot of the 4-year cycle and his latest sector ETF trades and undervalued under-the-radar stock picks.

Jeffrey Hirsch

The Stock Trader's Almanac & Almanac Investor, Editor-in-Chief

Jeffrey A. Hirsch is CEO of Hirsch Holdings, editor-in-chief of the Stock Trader's Almanac, and publisher of Almanac Investor at www.stocktradersalmanac.com. Mr. Hirsch is the author of The Little Book of Stock Market Cycles (Wiley, 2012) and Super Boom: Why the Dow Will Hit 38,820 and How You Can Profit from It (Wiley, 2011). He worked with founder Yale Hirsch for over twenty years, taking over for him in 2001. A 35-year Wall Street veteran, he appears on CNBC, Bloomberg, Fox Business, and many other financial media outlets. Now in its 57th year, the Stock Trader’s Almanac has been published every year since 1968.