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Daniel Nadler
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Daniel J. Nadler is a Visiting Scholar at the United States Federal Reserve and a PhD Candidate at Harvard University. His writings have been featured in the The Wall Street Journal and Bloomberg. At the Federal Reserve, (Research Department, Boston Fed), Daniel studies the asset allocation... More
My company:
Seasonal Odds
My blog:
Seasonal Odds
  • Bank Of America And Citibank January Seasonality 1 comment
    Jan 11, 2013 6:56 PM | about stocks: C, BAC

    At Seasonal Odds we examined how Bank of America (NYSE:BAC) and Citigroup (NYSE:C) typically perform in January. While the markets usually face a difficult January overall, Citigroup has historically proven an especially negative outlier, dropping 7.92% on average in January over the last 5 years, compared to a 1.51% loss in the S&P 500. Bank of America also declines more precipitously than does the overall market, losing on average 6.88% in January over the last 5 years.

    (click to enlarge)

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: C, BAC
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  • Budd Riley
    , contributor
    Comment (1) | Send Message
     
    bac will hit 14 by June 2013
    19 Jan 2013, 11:17 PM Reply Like
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