January effect coming early(ier) this year?
November 24th, 2008 by eyal | No Comments | Filed in Stock MarketEveryone is familiar with the January effect, which means it’s not easily exploitable over the last few years as it started to creep into December or not happen at all. With the current major decline, and general public dismay with the market I wonder whether the early/end of the year effect will return. On the one hand less people are bullish so they’re less likely to be eager to to pump in money ahead of the Jan effect, while on the other hand redemptions from funds have risen dramatically (as they usually do when the going gets tough) and there’s money on the sidelines waiting to go back in or flip from short. Either way it will be interesting to see if we get any effect or if rallies keep getting hammered back. So far this morning it’s surprising to see the market making new highs after 10am :-)
Tags: Investing, January Effect, Stock Market
