| January Effect | |
 A phenomenon occurring at the end of the year when investors, starting to worry about taxes, sell some stocks that are down so the losses can be written off against capital gains. This selling causes stocks to go down near the end of the year and back up in January when investors buy back the stocks they sold. |
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 The January effect is said to affect small-caps more than mid/large caps. The January effect phenomenon, however, has not occurred in years because the markets have adjusted for the effect. Another reason the January effect is considered a non-event is that more people are using tax sheltered retirement plans and therefore have no reason to sell at the end of the year for a tax loss. |
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 Stock Basics Tutorial - If you're new to the stock market and want the basics, this is the tutorial for you! Taking A Chance On Behavioral Finance - For investors curious about how emotions and biases affect the market, this some useful insights. |
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