January Trading

Since Dec. is generally a more bullish month, how has January been? Is it more bearish, is there a lot of profit taking?
 
Quote from doug456:

Since Dec. is generally a more bullish month, how has January been? Is it more bearish, is there a lot of profit taking?

Depends on what preceeded January....
 
January is typically a flat to down month for the overall market, and given the run-up we've had, I wouldn't be surprised to see the same this year. But for those of us who are long swing traders, it often offers some good opportunities for nice entries.
 
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