The January Effect In 2010 Comments Off
Posted on
March 09, 2010 by
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With the first month of the new year coming to a close, what can the performance of the sharemarket so far tell us about what the year ahead may hold for investors and traders?
At this same time last year I talked about the concept of the January effect.
Historically, a positive performance in the month of January has meant an 80% chance that the year ahead will be a positive one.