Skip navigation
MOST POPULAR RELATED TAGS
  • TOPICS
  • SECTORS
  • COMPANIES

RSS FEED

» Help

Current DateTime: 05:15:42 11 Jul 2009
LinksList Documentid: 30111251

Current DateTime: 05:15:42 11 Jul 2009
LinksList Documentid: 23371764
    • Long-Term Trends Point to Gold Above $1,000

        The market is alive with chatter about the weakness of the U.S. dollar, the growing demand to settle trade contracts in yuan and fears of developing U.S. inflation. Is this the time to switch from equity investments into gold?

Fast Money DisclaimerFast Money BiosAbout Fast MoneyRapid RecapFast Money Home
Text Size
Nov.19
3:19 PM ET
Wednesday, 19 Nov 2008
Markets Since Lehman, Record Wednesday Losing Streak

Since the Lehman bankruptcy on September 15, the S&P 500 has lost one third of its value. During this slide, which has spanned 48 trading sessions, the S&P has fallen on two-thirds of the days. On the days it has fallen, the S&P 500 has averaged a decline of 3.4%. On the flip side, during the 17 sessions the S&P has been up over this period, it has posted an average gain of 4.1%.

Here’s how some of the major indices and sectors have performed since the Lehman bankruptcy:

                           Change Since
                            Lehman Bankruptcy
Russell 2000                -40.8%
Nasdaq Comp.             -36.9%
Dow Transports           -36.8%
S&P 500                     -33.9%
Dow Industrials            -28.3%
Dow Utilities                -22.0%

S&P 500 Sectors          
Financials                    -48.4%
Materials                     -45.8%
Consumer Discretionary  -43.0%
Industrials                    -38.1%
Technology                  -36.5%
Energy                        -27.9%
Telecom                      -24.6%
Healthcare                   -23.5%
Utilities                        -22.9%
Consumer Staples          -20.9%

Other Major Sector Indices        
REITs                         -56.9%
Brokers                       -54.9%
Insurance                    -53.4%
Cyclicals                      -51.9%
Housing                       -51.8%
Oil Services                  -51.4%
Healthcare                   -47.6%
Retailers                      -44.6%
Semis                          -43.6%
Banks                          -40.3%
Gold Stocks                  -37.8%
Defense                       -37.6%
Natural Gas Stocks        -31.4%
Oil Stocks                    -29.7%
Airlines                        -29.2%
Biotech                       -27.4%
Consumer                    -25.5%
Drugs                         -16.3%

Markets Can’t Get Over a Hump on Hump Day

Today’s decline continues another trend from this period. Since the week of September 15, both the Dow Industrials and S&P 500 have failed to post a Wednesday gain – that’s 10 straight Wednesday declines!  The prior record was seven which happened 7 times, last in 2000.

Here’s how the S&P has performed on each day of the week for the past 2.5 months:

                   Mon          Tues          Wed          Thurs          Fri
# of Losses       8           5             10             3            5
Average Loss   -3.6%    -2.6%       -3.7%       -5.6%     -2.2%
# of Gains         2           5              0             6            4
Average Gain   +8.2%    +4.6%        N/A        +3.6%     +2.2%

Worst performing companies in the S&P since Sept include:

  • Genworth Financial [GNW  Loading...      ()   ] is down 93% since September
  • AIG [AIG  Loading...      ()   ] is down 92% since September
  • Prologis [PLD  Loading...      ()   ] is down 91% since September
  • Hartford Financial [HIG  Loading...      ()   ] is down 88% since September
  • AK Steel [AKS  Loading...      ()   ] is down 87% since September

Comments?  Send them to

bythenumbers.cnbc.com

© 2009 CNBC.com

Tools:
PrintEmailAdd This share icon
Next Post


Current DateTime: 01:06:10 11 Jul 2009
LinksList Documentid: 29778428

Current DateTime: 01:05:47 11 Jul 2009
LinksList Documentid: 29779196

Current DateTime: 01:06:09 11 Jul 2009
LinksList Documentid: 29779199

Current DateTime: 01:06:09 11 Jul 2009
LinksList Documentid: 29779198
CNBCCNBC
About CNBC  |  Site Map  |  Privacy Policy  |  Terms of Service  |  Video Reprints  |  Advertise  |  Help  |  Contact
Partners: AOL Money  |  BloggingStocks.com
CNBC is a Division of NBC Universal
  Data is a real-time snapshot *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2009 CNBC, Inc.  All Rights Reserved.
Thomson ReutersThomson Reuters