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Today the subject is the "January effect." Looking at the actual total years' results since 1950, it appears if January is positive for the S&P, then the next year is anywhere from +7% to +45% (54 years). The exceptions have been 2001 and 1966, when both years were down years, even though the January of each year was up. On the other hand, if January has been negative, then for the most part, the entire year has also been negative. In 20 years, there have been only two exceptions, with 1982 and 1968 being positive years overall.
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