Thursday, October 15, 2009

S&P 500 Year Over Year Performance.


Bespoke Investments noted last week that the S&P 500 marked for the first time since January 10, 2008 that the index closed higher on the day that the level it was one year ago. "This streak of nearly 21 months represents the second longest streak ever, and the longest since the Great Depression (1930-1933)." When Bespoke looks at other similar periods, the S&P 500 continues to perform rather well. "With the exception of the three and six months following the 1973-1975 streak, the returns over all other time periods have been extremely positive.


Source: Bespoke Investments, B.I.G Tips 10/7/09: S&P 500 Year/Year Performance Turns Positive. {Subscription required to view this report.}
*Note: Long ETFS related to the S&P 500 for client accounts.