Over the last 34 years, the Dow (^DJI - News) has risen on average by 2 percent in January, the Nasdaq (NasdaqSC:^IXIC - News) by 3.9 percent, and the S&P 500 (CBOE:^SPX - News) by 1.9 percent
lol, it's a bit premature to say there is no january effect this year after the first day of trading