SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 695.17+0.2%Jan 12 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: chartseer who wrote (28729)1/28/2012 11:20:42 AM
From: Honey_Bee1 Recommendation  Read Replies (1) of 221644
 
It is said, but it isn't necessarily so. Here are some excerpts on the subject from my weekly summary of Bob Brinker's Moneytalk radio show:

JANUARY INDICATOR OLD WIVES' TALE...Bob said: "The statistical evidence proves overwhelmingly that there is very little significance to this indicator.....Most of the talk about the January indicator revolves around the first five stock market days of the year....And certainly the market did well during the first five days of 2012. We saw the S&P 500 Index up 1.8%.....The Dow was up 1.4%."

Honey EC: Bob continued on with some statistics and explanations that were almost verbatim of a Marketwatch article posted by Mark Hulbert on January 11, 2012. The Dow goes up 65% of the time regardless of what it does the first five days. Here is some of what Mark Hulbert wrote:

Jan. 11, 2012, 12:01 a.m. EST
The ‘first five days of January’ indicator
Commentary: Can five days predict the year? __By Mark Hulbert
CHAPEL HILL, N.C. (MarketWatch) — Here’s another old wives’ tale to ignore — or maybe I should say, another old brokers’ tale ...This is the one that says we can divine the stock market’s direction for the full year by how it does during the first five trading days of January. ....."
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News