Why There May Be A January Effect For Large-Cap Stocks

The January effect is the tendency of low price, small-capitalization stocks to outperform in January. Historically, these are stocks that were sold for tax reasons late in the prior calendar year and repurchased the following January because investors still think the stocks are fundamentally attractive.

http://www.forbes.com/sites/investor/2012/12/17/why-there-may-be-a-january-effect-for-large-cap-stocks/

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