Stocks Soar In January; How Should You Invest Now?
The stock market rang in the New Year with gusto as many countries and sectors soared past their 2007 pre-financial crisis highs in January. Some investing strategists say their indicators signal the party is due for a break in February. SPDR S&P 500 (SPY) climbed 5.4% in January, as of Thursday afternoon. The underlying S&P 500 index eclipsed the 1,500 level for the first time in five years, ending the month just 5 percentage points below its