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Daily Archives: January 8, 2010

Why January is Very Important in 2010

January 8, 2010
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Why January is Very Important in 2010

For those who missed it, Barron’s had a great little write-up about the market’s finish in 2009 and what it could portend for 2010.  While I am not the biggest fan of seasonality studies (i.e., the market goes up X% of the time between July and September, etc.), this one caught my eye.  Here’s what was written (thanks to John K. Harris, author and market historian): There have been 24 times in the 82-year history of the S&P 500 when that index hit its yearly high in December.  (It did so again in 2009.)  In those 24 instances, the...

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