When owners of small businesses are celebrating the holidays next year, their cheer, they are being told, should be tempered by the thought that they will have to cope with the employer requirements for health insurance that will be effective the first day of January, 2014.
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As of the close on Thursday the Dow has had only two days of triple-digit moves this year, and both were to the upside, a gain of 170 points on the first trading day of January, and a gain of 156 points on the second trading day of February.
Last week most of the gain took place on Monday, the last day of January, and only the first day of the new month (Feb).
Previously the only French fatality was a helicopter pilot killed on the first day of the military intervention, 11 January.
And yesterday was the first time since that cold day at the end of January 1965 that the bells of Big Ben had fallen silent as a mark of respect for the dead - with the exception of a brief period in the 1970s, when the tower was closed for repairs.
BBC: Viewpoint: Margaret Thatcher funeral's place in history
President PERVEZ MUSHARRAF (Pakistan): So any day towards the end of the first week of January.
Another sign that the new-issues market is heating up: January 2006 offerings had an average first-day gain of 16% versus the 7% average since 2001.
On January 3rd, the first trading day of 2012, we got that big break out of the wedge, perhaps (as we talked about on our blog beforehand) due to new fund inflows at the beginning of a new year.
FORBES: How Technical Analysis Has Given Great Trading Cues All Year Long
Indeed, January 2, 2013, the first business day of the year, millions of people around America woke up to all the hype about which tax provisions were in the new weekend warrior tax bill, which were out, and what they needed to know.
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So while GE, the world's largest manufacturing company, theoretically faced a strike--and there was a two-day national strike in January, the first at GE since 1969--the threat of a strike has probably never been as serious as it is today.
That day marked the bottom of the back half of what I think is a double-bottom whose first bottom was in January.
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