Exchange Currency

January Effect

Tendency of the stock market to rise between December 31 and the end of the first week in January. The January Effect occurs because many investors choose to sell some of their stock right before the end of the year in order to claim a capital loss for tax purposes. Once the tax calendar rolls over to a new year on January 1st these same investors quickly reinvest their money in the market, causing stock prices to rise. Although the January Effect has been observed numerous times throughout history, it is difficult for investors to profit from it since the market as a whole expects it to happen and therefore adjusts its prices accordingly.

Related information about January Effect:
  1. January effect - Wikipedia, the free encyclopedia
    The January effect is a calendar-related market anomaly in the financial market where financial security prices increase in the month of January. This creates an ...
     
  2. January Effect Definition | Investopedia
    A general increase in stock prices during the month of January. This rally is generally attributed to an increase in buying, which follows the drop in price that ...
     
  3. Playing the January effect | Reuters
    Jan 9, 2012 ... (Reuters) - For years, one of the more bankable phenomena in finance has been the January effect.The premise is simple: Institutions and ...
     
  4. Getting Ahead Of The January Effect Part II - Seeking Alpha
    2 days ago ... I wanted to follow up on my article Friday on the January Effect. It focused on four stocks that lost money in 2012 but could have a stronger start ...
     
  5. Getting Ahead Of The January Effect - Seeking Alpha
    6 days ago ... Now that Thanksgiving is over, it is time to start planning market strategies for 2013. One of my action items is to find stocks that have not ...
     
  6. The January Effect And 3 Biopharma Stocks - Seeking Alpha
    Nov 9, 2012 ... The "January effect" is a market anomaly whereby stock prices tend to decrease year-end followed by a subsequent increase in the month of ...
     
  7. How I Made Money With The January Effect In 23 Out Of 30 Years ...
    Nov 29, 2011 ... The traditional definition of the January effect is that small stocks outperform market averages in the month of January. My experience is that the ...
     
  8. January Effect . . . Anyone? - Forbes
    Jan 20, 2012 ... Where are all the “January effect” headlines? You know—all the “so goes January goes the year” stories”? Sometimes folks just focus on the ...