January saw a tumultuous ride for investors, with Microsoft shares falling 11%, while Meta Platform shares gained 8.6%. The S&P 500 managed a 1.4% gain, but small-cap stocks outperformed. The January barometer, “As goes January, so goes the year,” suggests a positive outlook when the S&P 500 ends January with gains.

Gold, silver, and copper prices surged in January before a sharp drop. Gold prices rose for seven consecutive months, while silver saw a nine-month winning streak. Experts warn against chasing the surge, as economic factors could reverse the trend. Trump’s choice of Kevin Warsh for Fed Chair nominee had minimal impact on markets.

Despite uncertainty, investors remain cautious about the surge in precious metal prices. Experts warn against chasing trends and emphasize the need for rational investment decisions. The market remains wary of potential economic shifts and Federal Reserve policy changes under a new chair.

Read more at Yahoo Finance: The ‘January barometer’ for stocks comes with a big asterisk this year