Pages

Monday, November 12, 2012

Have Top Performers Led the Recent Market Decline?

The S&P 500 is down a little over 5% since September 14th, and it feels like the decline has been led by some of the best performing stocks of the last few years.  Apple is down 21.5% over that period, Chipotle down 25% and Monster Energy down 15%; these are just some examples of high fliers that have been hit hard over the last two months.

While it feels like there are a lot of high profile companies that have declined recently, in actuality the best performers since since 2009 have done slightly better than the market since September, while the worst performing stocks since '09 have continued to do poorly.


No comments:

Post a Comment

For compliance reasons, I don't post comments to the site, but I do like hearing from readers and am happy to answer any questions. Feel free to use the comment box to get in touch. Please leave an email address in your comment so that I can write back, or email me directly at Skrisiloff@avondaleam.com.