The January effect refers to a historical trend for the stock market to increase for the first trading week of January. It is generally caused because people often sell stocks in late December to take advantage of tax maneuvers. It also occurs due to fresh optimism for the New Year. The January effect has traditionally [...]
In the first part of this month I wrote a post about the “January effect’, click here to read it. It discussed the significance of the first 5 trading days of the year, specifically how it has historically been a fairly accurate predictor of how the stock market will do for the rest of the [...]
This past week there was a lot of talk about the first five trading days of 2010. Economists, traders, CEO’s, investors and other influential people kept a close eye to see if the stock market finished up by the end of the week more so than they usually do. Why? This type of data has been tracked since 1900. [...]
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