TCPC Article Follow-Up
In December 2018, I purchased additional shares of multiple higher-quality business development companies ("BDCs") with risk-averse balance sheets due to oversold conditions predicted in my previous BlackRock TCP Capital (TCPC) article:
Among other things, the article discussed year-end tax loss selling for BDCs driving a potential buying opportunity "through mid-to-late December" followed by:
The January effect is a seasonal increase in stock prices during the month of January. Analysts generally attribute this rally to an increase in buying,