Monday, January 26, 2009

Stock market Seasonal tendency

We are approaching the end of the Seasonally weak first three weeks of January.

True to its weak seasonal tendency the various stock and bond markets in the USA are enduring a substantial decline.

There is a tendency, historically, for these markets to rally upwards for the three and a half weeks following January 27th or so. That coincides with the end of the current earnings season.

So, perhaps we are in for a respite from the unrelenting bad news starting on Wednesday. I surely hope so.

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