Take Advantage of the ‘January Effect’
The “January Effect” refers to the surge that lifts the market, historically during the first of the year. Typically, the January Effect begins at the end of the year, right around the holiday season, and continues into the first quarter. Investors often are cheered by the boost in consumer activity seen in retail and other sectors. Plus, many use this time to make trades that will close out the previous year’s portfolio on a high note and begin the next on a solid foundation.
You can take advantage of this period by loading up on strong positions now and preparing to ride the next profit wave. There still are great stocks at great prices on the markets right now. You just need to step in and scoop them up.