Full record

Hitmarkets

US equities are strong in 2024, with strong gains in January and February 2024.

A scored prediction by Tom Lee, made on .

VideoQuote from the original sourcemarkets

Scored prediction

Hitmarkets

We expect 2024 to be strong and a strong Dec 23 bodes well for strong Jan + Feb

US equities are strong in 2024, with strong gains in January and February 2024.

Made on
2024-01-01
Outcome
Hit
Importance
3 / 5
Effect on score
+2.76

What counted as right

Status
resolved
Settled on
2024-12-31

TRUE if all three legs hold: the S&P 500 posts a positive price return in January 2024, a positive price return in February 2024, and a positive full-year 2024 price return (2024-12-31 close above the 2023 year-end close). FALSE if any of the three legs is negative.

All three legs of the conjunctive criterion were measured on official index closes and each is positive: January +1.59%, February +5.17%, full-year +23.31%. Month boundaries follow the criterion's price-return framing, using the last trading day of the prior month as the base (2023-12-29 for January, since 2023-12-31 was not a trading day) and the last trading day of the month as the endpoint (2024-01-31, 2024-02-29). Both independent price sources agree to the cent, so there is no conflicting credible evidence. No outcome value assigned and no scoring performed, per stage scope.

Sources

  • VIDEO: Macro Minute — We expect 2024 to be strong and a strong Dec '23 bodes well for strong Jan + Feb

    Fundstrat Direct ·

    Source

  • VIDEO: Macro Minute — Since 1950, reaching all-time highs after a 20% decline led to 6M gains 11 of 11 times; affirming 2024 constructive outlook

    Fundstrat Direct ·

    Source

Evidence of what happened

  • Leg 1, January 2024 price return: S&P 500 closed 2023-12-29 at 4,769.83 and 2024-01-31 at 4,845.65, a return of +1.59% — positive. FRED series SP500 (source: S&P Dow Jones Indices).

    Evidence

  • Leg 2, February 2024 price return: S&P 500 closed 2024-01-31 at 4,845.65 and 2024-02-29 at 5,096.27, a return of +5.17% — positive.

    Evidence

  • Leg 3, full-year 2024 price return: S&P 500 closed 2024-12-31 at 5,881.63 against the 2023 year-end close of 4,769.83 on 2023-12-29, a return of +23.31% — positive, and the year-end close is above the 2023 year-end close as the criterion requires.

    Evidence

  • Independent cross-check: Yahoo Finance ^GSPC daily chart data returns identical closes on all four dates used by the three legs — 2023-12-29 = 4,769.83, 2024-01-31 = 4,845.65, 2024-02-29 = 5,096.27, 2024-12-31 = 5,881.63.

    Evidence

Corrections

No public corrections.

Effect on the score

+2.76
How sure they sounded
80%
Outcome
Hit
Importance
3 / 5

This page shows the scored prediction as published; the site doesn't recompute or adjust the score.

Where this came from

US equities are strong in 2024, with strong gains in Januar…
Methodology version
v1.0.0
Last computed
August 5, 2026
Made on
2024-01-01

How this profile was built

  1. Scored by independent judges

  2. Predictions gathered and sourced

  3. Independently verified against sources

Every public score traces back to sourced prediction records.

Avow is an independent project. The pundits scored here are not affiliated with Avow and do not endorse it. Names and likenesses are used for identification and commentary.

Evidence firstMethodologyPrivacy