http://en.wikipedia.org/wiki/January_effect
While I feel so good about our buy list, I must post about the "January Effect."
Historically stocks rise in January.
"The most common theory explaining this phenomenon is that individual investors, who are income tax-sensitive and who disproportionately hold small stocks, sell stocks for tax reasons at year end (such as to claim a capital loss) and reinvest after the first of the year. Another cause is the payment of year end bonuses in January. Some of this bonus money is used to purchase stocks, driving up prices. The January effect does not always materialize; for example, small stocks underperformed large stocks in January 1982, 1987, 1989 and 1990.[3]"
There are other effects that create calendar markings on the stock market. Another one is "Leave in May and Stay Away."
