B*******n 发帖数: 20645 | 1 A Real Turkey of a Week (Bespoke Investment)
Wednesday, November 23, 2011 at 10:49AM
In what is traditionally one of the stronger weeks of the year for equities,
this year the S&P 500 has been down every day of the week so far. Going
back to 1941 when Thanksgiving was officially designated the fourth Thursday
of November, 2011 will go down as the eighth year where the S&P 500 was
down all three days of the week leading up to Thanksgiving. The last time
this occurred was back in 1994, and before that you have to go all the way
back to 1964!
Based on the experience of the prior years, the average return on Black
Friday was a decline of 0.07%. Looking out at the rest of the year, in
those prior seven years, the S&P 500 averaged a return of +2.68% with
negative returns only once. This year, though, with all the problems going
on in Europe, bulls are beginning wonder if its even too much for Santa to
handle. | g8 发帖数: 3784 | |
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