Friday, September 01, 2006

August Scorecard

Selected Market Index results for the month of August, 2006. (Results do not include dividends.)

Dow Jones Industrials 1.74%
S&P 500 2.13%
NASDAQ Composite 4.41%
Russell 2000
2.85%

From my perch it is interesting to note that the majority of the markets monthly gain in all 4 indexes came in the week of the 14th-18th. In that period the majority of the markets profits came on the 14th and 15. By and large the market was trendless (albeit with a slightly positive bias) for the rest of the time.

Source: Price data derived from information collected by Q-Charts & or Worden Brothers. Lumen Capital Management, LLC reports this information as a courtesy and is therefore not responsible for the accuracy of this content.