This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Ah, Spring Is In The Air! Bad News For Stocks?

Much has been made of the strong rally the market has experienced so far this year, but as we have mentioned numerous times, it's important to remember that last year at this time, the market was up even more.  On this trading day last year, the S&P 500 was up 11.09% year to date.  As of this morning, the S&P 500 was up 8.99% year to date in 2013.

Below is a chart showing the performance of the S&P 500 in 2013 overlaid on a chart of its performance in 2012 through the end of July.  As shown, while the S&P 500 was up slightly more in the first quarter of 2012, the index has tracked its 2012 pattern pretty closely in the first quarter of this year.  Bulls will be hoping the pattern breaks quickly, however, because the party for stocks ended quickly once the second quarter began last year.  In fact, by the start of June last year, the index had given up nearly all of its double digit percentage gains from the first quarter.

The post Ah, spring is in the air! Bad news for stocks? appeared first on Smarter Investing.


Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs