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A thoughts for the start of 2009

Source: http://blogs.moneyandmarkets.com/blog/the-dividend-superstars-blog/0/0/a-thoughts-for-the-start-of-2009
Posted on Monday, January 5th, 2009 | In Stocks to Watch
Contributed by: Nilus Mattive (http://blogs.moneyandmarkets.com/blog/the-dividend-superstars-blog) -

PThe year got off to a strong start. In fact, it was the fourth best opening day for stocks (as measured by the SP 500) ever. brbrNo, that doesn’t mean a heck of a lot. But it is worth noting that January is typically a good indicator for stock performance over the entire year: brbrAccording to Samp;P, 60 out of 80 January results have correctly predicted the market’s action for the entire 12-month period!brbrClearly, we shouldn’t basenbsp;our investment strategies on this little tidbit. But it is a nice thing to keep in the back of your mind.brbr/P

Last 5 posts by Nilus Mattive

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About Nilus Mattive (http://blogs.moneyandmarkets.com/blog/the-dividend-superstars-blog)

Nilus Mattive, a financial analyst at Weiss Research, is the editor of Dividend Superstars, a monthly publication and is also the editor of the company’s daily e-letter, Money and Markets. Formerly a senior editor of Standard & Poor’s The Outlook, the oldest continuously published investment newsletter in the country, he has written for a number of investment websites, including BusinessWeek and Individual Investor.

Mr. Mattive is the author of The Standard & Poor’s Guide for the New Investor (McGraw-Hill, 2004) and has appeared on the popular investment radio show, Traders Nation, to discuss his views on personal finance.

Mr. Mattive graduated cum laude from the University of Scranton.

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