Assuming that we avoid a big selloff in the next couple days, this chart is set to change in a big way because of the big decline that we got at the beginning of August 2011. From 8/8/11 until today, the S&P 500 is up 25%.
Monday, August 6, 2012
S&P 500 Y/Y Change
With the S&P 500 almost touching 1400 again today, the index is now up over 11% for 2012. While this is a great return, it doesn't exactly feel like the market is having a great year. One explanation for why this may be the case is that even though the index is up double digits for this calendar year, it is still up only 4% over the last 12 months (with plenty of volatility too). It's tough to feel good when it seems like the value of one's portfolio is just treading water.
Assuming that we avoid a big selloff in the next couple days, this chart is set to change in a big way because of the big decline that we got at the beginning of August 2011. From 8/8/11 until today, the S&P 500 is up 25%.
Assuming that we avoid a big selloff in the next couple days, this chart is set to change in a big way because of the big decline that we got at the beginning of August 2011. From 8/8/11 until today, the S&P 500 is up 25%.
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