Early in the year, stock prices usually rise and investors often dub this as the January effect. Later in the year though, stock prices tend to dip. Statisticians argue that this is mainly a superstitious cause, since just because markets crashed on October months doesn't mean it happens year after year. Investors fear this
October effect. As if it hasn't affected me well enough, what investors call the Monday effect is killing me. Stock markets were way below the mark last Friday. The Monday effect says this trend will prevail throughout the weekend and even right on the first day of the business week.
