The effect of the first month portrayed that stock prices tend to rise unexpectedly from December to January and this can be predictable. Therefore, it is not consistent with the views of the RWM. This effect occurs with regard to the stocks of small companies due to tax problems. Investors sold stocks before the end of December and accept losses to reduce tax obligations. After that, they can buy stocks, pushing the retail price and make a profit unexpectedly in January. This left investors can earn extraordinary profits based on share price change in few weeks time.
đang được dịch, vui lòng đợi..