Preparing for 2016

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A January effect?

I did not say "the" January effect, since the calendar-based prognoses have broadened to include the following:

1. The original January effect saw losers sold near the end of the year to harvest the tax losses. After 30 days, many repurchase, causing a January rebound.
2. Some investors wait until January to sell winners, delaying the tax effect. Reportedly (Art Cashin) others sell winning names short during the last two days of the trading year, anticipating the tax trade.
3. Many believe that as goes January, so goes the year.
4. Some believe that as goes the first trading day, so goes January and the year.
5. Some will focus on the Presidential election year.
6. And a few will stick to the data.

Weighing The Week Ahead: Will There Be A January Effect? | Seeking Alpha