Word: ared
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Dates: during 1990-1999
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Wall Street has more holiday traditions than the North Pole, starting with a Santa Claus rally each December, followed swiftly by the January effect, January barometer and, finally, Super Bowl indicator--all of which are supposed to say something about where stocks are headed. As you might guess, much of...
Since 1950, those three months have produced more market gains than the other nine months combined. And we're at it again. Since Oct. 31, the S&P 500 is up 5.2%, the Dow 5.2%, the NASDAQ composite a heady 19%. Yet many investors are sitting on the sidelines, waiting...
I'm not so sure about his melt-up prediction: a 20% Dow gain in the first quarter, Cleland forecasts. But I buy into the case for a strong market big time. Many companies fund their pension obligations in January, giving the market a boost. And there really is a...
Meanwhile, cash has been piling up in money-market funds--$37 billion in October, the most since the Asian contagion--and flows into stock funds have been tepid. Y2K worrywarts, it seems, are hoarding more than bottled water and canned food. How should you invest? If Cleland is right, pent...
What Miss Donna and I are, er, testing is Quake III Arena--the hottest, most anticipated PC game of the year, if not of all time. It's set to hit store shelves Dec. 12, and TIME got the first peek at the finished product. id, the guys who brought...