Performance Year-To-Date {Major Market Indices}

We are going to do a series of posts over the next week or so looking at year to date performance covering different parts of the market based on our own unique view of asset allocation.  Today we're kicking off looking at broad market indices through May 18. 2018. You can click on the chart above if you want to make it larger.  Performance chart is from Stockcharts.com, although the ETF selection is my own.  Also I believe the performance data shown above does not include dividends.  If I am correct then the total returns on these indices is actually better than what is shown above.

A lot of performance comparisons usually is against the S&P 500.  It fits well into my thesis that we are in a consolidation mode of last year's gains and could remain in that state throughout the summer.  Even so it's up a bit over 2% for the year.  If you annualize that and add in the dividends it would be looking at a return of between 4-8%.  Pretty much in the historical realm of what markets often do.  Mid-dap indices, the largest of all companies and the tech heavy indices over on the Nasdaq have shown the best performance year-to-date.  If your investment theme has been "America First" this year then these parts of the markets have been some of the best places to have money.

Posting schedule this week will be Wednesday and Thursday.  I have to be out tomorrow.

*Long in client and personal accounts in some manner the indices listed above.  Short S&P 500 in a personal account as part of a separate individual strategy.  Positions can change at any time without notice on this blog or via any other form of electronic communication.