Returns for week ending 1/30/09
Model portfolio, hypothetical returns for past…
1 week: -0.3%
26 weeks: +8.8%
52 weeks: +33.8%
Value of $10,000 invested at inception: $53,221
Saturday, January 31, 2009
Worst January Ever
Stocks wrapped up their worst January on record with a final plunge on Friday.
The Dow Jones Industrial Average finished January down 8.84% on the month. Previously, the worst January for the Dow had been that of 1916, when it fell 8.64%. Friday, the Dow dropped 148.15 points to 8000.86 after briefly dipping below the 8000 mark. The Dow has fallen five straight months and in 12 of the last 15.
The S&P 500-stock index lost 2.28% Friday to end at 825.88, for cumulative losses in January of 8.57%. Until Friday, its worst January from 1929 onward occurred in 1970, when it lost 7.65%.
Both stock-market indexes are off by more than 40% from their 2007 highs.
Historically, stocks' January performance has been thought of as an informal indicator for the market's direction the rest of the year. When the S&P declines in January, the index loses an average of 2.4% in the next 11 months, according to data going back to 1950 from Ned Davis Research. When the S&P climbs in January, the index posts an average gain of 12.3% in the next period.Sunday, January 25, 2009
Saturday, January 17, 2009
Saturday, January 10, 2009
Saturday, January 3, 2009
Absolute and Relative Returns by Holding Period
click to enlarge
Now 12 months into the live test, the Strategic Growth Model (SGM) portfolio continues to generate positive returns in spite of the adverse market conditions. Compared to the market, the SGM portfolio has generated 71% in excess returns over the past 52 weeks. And it continues to exhibit no correlation to the market trend.
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