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January Effect is Bunk

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ANY HOPE FOR FEBRUARY?
"As we come to the close of January trading this year, there are a couple of complicating factors for January trackers to weigh. For one thing, some adherents of the the January effect look primarily to the first week of trading. Others look to the performance of stocks through the entire month. The problem is, this year the first week and the month as a whole seem to be pointing in different directions. The first week is up, and barring a large rally Friday, the month will be down," the WSJ's MarketBeat blog reports.
SOURCE:   MarketBeat

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