Alcoa reports on January 12th to kick off the next "Earnings Season"!
Get ready for action.
The red boxes represent the "DOWNSIDE" price action of the market from the start of the Earnings Reporting season as measured by Alcoa reporting earnings. You can see we have had a variety of quarters with some very small downside risk and the last two have been larger than average. I personally think this is a better or more intuitive barometer than the January effect or the first day of January predicting the year head.
I love January the most of all the months of trading for a number of reasons, perhaps you can say which is your favorite month to trade, then I'll explain why I love January the most.
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