Of the 82 Januarys in the history of S&P 500 from 1929 (through 2009), 52 have been positive and 29 have been negative. Of the 52 gains, 42 were positive for the entire year and 9 were down (1947 was flat). Of the 29 January's that were down, 18 of those were down for the year and 11 were up. The ...
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