157 days ago • Posted by Paul de La Baume
Could the #January effect lift stocks? #stocks #trading #investing
Stocks tend to do well in the month of January as investors tend to add to risky assets, make new investments, and as the end of the year tax-loss harvesting comes to an end. However, January is not always a month in the green, particularly when central banks tightening put a lid on asset prices appreciation. After a terrible month of December however, momentum could turn more positive as stocks become technically 'oversold'.