Word: morefully
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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...
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...
See time.com/personal for more on the January effect and other seasonal market patterns. E-mail Dan at kadlec@time.com
As fans of boxing discovered a century ago, games become more socially acceptable when they're confined to arenas and given rules. And the new, paintball-like feel may even improve Quake's reputation in the eyes of teachers, parents and legislators in the post-Columbine era. "We are sort...