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January 2026 Performance

Calm at the Top

Performance based on signals issued by Logical Invest. Slippage and fees are not included.

Twenty-two out of twenty-three strategies posted positive returns in January. The single pullback—Crypto & Leveraged Top 2 at −4.4%—was due to holding a leveraged silver ETF amid the recent extreme correction in silver prices. This strategy is very risky, and although it delivered outstanding results of 120% in 2025, it should be treated with caution as it has experienced large drawdowns in the past of over 50%.
 

Market Analysis
 

Gold, Rotation & What Comes Next

$5,500+

Gold, late Jan

+19.5%

Gold YTD

+29%

MSCI ex-USA, 2025

Gold’s January surge was extraordinary — its best start to a year since 1980. Central banks kept buying, ETF inflows surged, and geopolitical uncertainty pushed safe-haven demand higher. Silver followed, crossing $117. On the surface, a clear trend.

Interestigly, Silver’s recent parabolic rise indicates the late stage of a precious metals bull market—as historical patterns suggest, where silver often surges dramatically just before the cycle peaks. If so gold could face heightened risk of a sharp correction or reversal, potentially leading to substantial losses if holding large positions.
 

Uncertainty to Watch

Gold remains a valid portfolio holding. But position sizing matters more than ever at these levels. A Bloomberg Commodity Index rebalancing in mid-January mechanically reduced gold’s weighting, which already introduced short-term selling pressure. If macro hedges unwind — or if equity markets stabilize — a correction could come faster than most expect.

The same logic applies to US equities. January brought the clearest rotation signal in months: small caps outpaced large caps, the Russell 2000 posted its strongest start since 2021, and international markets continued to attract capital. The MSCI All Country World ex-USA index returned over 29% in 2025 — more than double the S&P 500 — and that momentum carried into January. Investors concentrated in last year’s US tech winners are now carrying more risk than they realize.

So how do our strategies navigate this? They don’t predict. They measure. Each strategy ranks its holdings by risk-adjusted return on a regular schedule — weekly or bi-weekly depending on the strategy.

When gold’s relative performance drops below equities, capital rotates out automatically. When international markets outperform US stocks, the rotation strategies follow. When volatility rises, hedging mechanisms increase defensive exposure without abandoning profitable positions.

The rebalacing may be delayed but often this delay is beneficial in resisting short term panick selling. Eventually if the long term trend reverses the strategy will evetually adapt. The exit decision is already built into the rules. No one needs to guess when to sell.
 

The Bottom Line

You don’t need to predict when gold corrects, or when tech leadership resumes, or when the rotation reverses. You need a system that measures these shifts in real time and acts on rules you set in advance.

More By This Author:

The Logical-Invest Newsletter For January 2026
The Logical-Invest Newsletter For December 2025
The Logical-Invest Newsletter For November 2025