OK, now we've got it straight. the January effect really and truly works during election years....

|By:, SA News Editor

OK, now we've got it straight... the January effect really and truly works during election years. Since 1945, a positive January in an election year has never missed in predicting a full-year gain for the S&P 500, so Sam Stovall says, going eight-for-eight and posting an average gain of 16%, well above its normal average. (earlier: I, II)