Will January History Repeat Itself?
January 2001 will be remembered as the month when the market rebounded. The historical trend is, as January goes, so does the rest of the year.
The Nasdaq telecoms were up nearly 20% in January, the Nasdaq composite up more than 12%.
The Dow inched up just under 1%.
In the last 20 years, the January market has correctly predicted the outcome of the year every year
except 4 times, ‘82, ‘84, ‘92 and ‘94.
In odd numbered years, when a New US Congress convenes, like this year, the direction of the S&P in January has been perfect in predicting the year’s outcome.
The S&P 500 rose 3.5% in January.
While all of this may sound like reading tea leaves, the historical trends of the market cannot be ignored.
This week on Emerging Company Report, the nationally syndicated television program profiling emerging-growth companies (http://www.emergingcompany.com),
featuring informative interviews with the CEOs, insights into their operations and outlooks for their futures.
Featured companies on this week’s edition include;
Auteo Media, Inc. (OTC-BB: AUTM) describes itself as a leading provider of online data and media solutions to buyers and sellers of autos and auto accessories.
CEO Steve Van Leeuwen spoke of his company’s various products, including ContactAutoTM, “a proprietary contact management system that is compatible with
cellular phones”, said Leeuwen, “and helps auto dealers maximize e-commerce customer interactions.” The company also provides online photos and data of dealer
inventory for customers shopping vehicles on the Internet. Leeuwen announced the commencement of PartCartTM, which accesses over 1,000,000 parts from over
100 top automotive aftermarket manufacturers.
Gary Smith, CEO of Spectrum Technology Corporation (Nasdaq-HIPC) announced the company’s recent earnings reports.
Free information packages from the featured companies can be requested by sending an email to info@emergingcompany.com.
Viewers of Emerging Company Report can receive free information in the mail about featured companies by calling a toll-free phone number on their TV screen. The
weekly television program debuted in 1996 and is seen Friday evenings at 11:00 ET, 8:00 PT, Saturdays at 4:00 PM ET, 1:00 PM PT and Sunday mornings at 11:00
ET, 8:00 PT. The program is broadcast to over 30 million cable TV homes in more than 300 cities nationwide.
A complete menu of cable TV channels is available at the Emerging Company Report web site,
emergingcompany.com, where the weekly program may also be viewed "On-Demand" on any computer .
Emerging Company Report television program, Copyright 2001, all rights reserved. Emerging Company Report does not provide an analysis of companies' financial
positions and is not soliciting to purchase or sell securities of the companies, nor are we offering a recommendation of featured companies or their stocks. Information
discussed herein has been provided by the companies and should be verified independently with the companies and a securities analyst. Emerging Company Report
has been paid a cash fee of $11,500.00 by the featured companies, does not accept company stock as payment for services, does not hold any positions, options or
warrants in featured companies and the information herein is not an endorsement by the producers, publisher or parent company of Emerging Company Report. |
