The 'January Effect' could be the market's big hope for a bounce By: CNBC.com News December 27, 2018 at 12:45 PM EST One overlooked explanation for the blutal stock rout this month is tax selling. Read More >> Related Stocks: Affiliated Managers Group Alcoa Corp General Electric INVESCO Ltd Ipg Photonics Corp L Brands Mohawk Industries Newfield Exploration Unum Group Western Digital