What Is the January Effect?

Is there such thing as the January Effect? How does this "January Effect" impact the stock market for the year?

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LINKS: https://www.wsj.com/articles/january-effect-stocks-bonds-11641659229#:~:text=The%20January%20effect%20is%20a,first%20month%20of%20a%20year
https://twitter.com/charliebilello/status/1488159228950765573?s=20&t=tvHO4lRtFY_a85i7_kQXAQ
https://twitter.com/RyanDetrick/status/1488339659356880896?s=20&t=tvHO4lRtFY_a85i7_kQXAQ

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Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.