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January Barometer
The January barometer is the hypothesis that stock market performance in January (particularly in the U.S.) predicts its performance for the rest of the year. So if the stock market rises in January, it is likely to continue to rise by the end of December. The January barometer was first mentioned by Yale Hirsch in 1972. Historically, if the S&P 500 goes up in January, the trend will follow for the rest of the year. Conversely if the S&P falls in January, then it will fall for the rest of the year. From 1950 till 1984 both positive and negative prediction had a certainty of about 70% and 90% respectively with 75% in total. After 1985 however, the negative predictive power had been reduced to 50%, or in other words, no predictive power at all.Christian FeldeA deep dive into the January Barometer/ref> See also *January effect *Super Bowl indicator * Cabañuelas, analyzing the weather of January to predict the rest of the year. Part of Hispanic weather lore Weather lore is the b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
S&P 500
The Standard and Poor's 500, or simply the S&P 500, is a stock market index tracking the stock performance of 500 large companies listed on stock exchanges in the United States. It is one of the most commonly followed equity indices. As of December 31, 2020, more than $5.4 trillion was invested in assets tied to the performance of the index. The S&P 500 index is a free-float weighted/capitalization-weighted index. As of August 31, 2022, the nine largest companies on the list of S&P 500 companies accounted for 27.8% of the market capitalization of the index and were, in order of highest to lowest weighting: Apple, Microsoft, Alphabet (including both class A & C shares), Amazon.com, Tesla, Berkshire Hathaway, UnitedHealth Group, Johnson & Johnson and ExxonMobil. The components that have increased their dividends in 25 consecutive years are known as the S&P 500 Dividend Aristocrats. The index is one of the factors in computation of the Conference Board Leading Economic Index ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
January Effect
The January effect is a hypothesis that there is a seasonality, seasonal market anomaly, anomaly in the financial market where security (finance), securities' prices increase in the month of January more than in any other month. This calendar effect would create an opportunity for investors to buy stocks for lower prices before January and sell them after their value increases. As with all calendar effects, if true, it would suggest that the market is not Efficient-market hypothesis, efficient, as market efficiency would suggest that this effect should disappear. The effect was first observed around 1942 by investment banker Sidney B. Wachtel. He noted that since 1925 small stocks had outperformed the broader market in the month of January, with most of the disparity occurring before the middle of the month. It has also been noted that when combined with the four-year US presidential cycle, historically the largest January effect occurs in year three of a president's term. The mo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Super Bowl Indicator
The Super Bowl Indicator is a spurious correlation that says that the stock market's performance in a given year can be predicted based on the outcome of the Super Bowl of that year. It was "discovered" by Leonard Koppett in 1978 when he realized that it had never been wrong, until that point. This pseudo-macroeconomic concept states that if a team from the American Football Conference (AFC) wins, then it will be a bear market (or down market), but if a team from the National Football Conference (NFC) or a team that was in the NFL before the NFL/AFL merger wins, it will be a bull market (up market). As of January 2022, the predictor has been right 41 out of 55 games, a 75% success rate. Without retrospective predictions, i.e. ''after'' its invention in 1978, it had been correct in 29 out of 43 games, a success rate of 67%. Data See also *January barometer *Calendar effect A calendar effect (or calendar anomaly) is any market anomaly, different behaviour of stock markets, or e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cabañuelas
Las cabañuelas (also cavanuelas or cabanuelas) were a method of forecasting the weather practiced throughout the Hispanic diaspora. It is a traditional form of weather prediction dating back many centuries in Spain. Description Las cabañuelas is practiced throughout Mexico, South America, including the Caribbean, and even in parts of Africa that were previously territories of Spain. In Spain, the so-called experts cabañuelistas are organized in thAsociación Cultural Española de cabañuelas y Astrometeorología(ACECA) and every year they report the weather for the coming twelve months. The cabañuelistas in Spain claim that cabañuelas is "an empirical science" and that its origin is thousands of years old, when the "only reference of the time was the Moon", even the times that Egyptians used to measure the levels of the Nile waters, the Sirius star, and that the old base of cabanuelas was measured beginning August 1. Methodology In Northern New Mexico, Puerto Rico, Cuba, Dom ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Weather Lore
Weather lore is the body of informal folklore related to the prediction of the weather and its greater meaning. Much like regular folklore, weather lore is passed down through speech and writing from normal people without the use of external measuring instruments. The origin of weather lore can be dated back to primeval men and their usage of star studying in navigation. However, more recently during the Late Middle Ages, the works of two Greek philosopher-poets, Theophrastus of Eresus on Lesbos and Aratus of Macedonia, are known for shaping the prediction of weather. Theophrastus and Aratus collated their works in two main collections for weather lore: ''On Weather Signs'' and ''On Winds.'' These were used for helping farmers with harvest, merchants for trade and determining the weather the next day. Astrology and weather lore have been closely interlinked for many years - with each planet often being associated with a weather state. For example, Mars is red and must therefore ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Terms
Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit." Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner's personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. The term is also often used colloquially (but not by lawyers or by public officials) to refer to a company, such as a corporation or cooperative. Corporations, in contrast with sole proprietors and partnerships, are a separate legal entity and provide limited liability for their owners/members, as well as being subject to corporate tax rates. A corporation is more complicated an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
