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

Current DateTime: 02:56:47 29 Nov 2009
LinksList Documentid: 23371764
    • Gold Will Collapse Like Oil Did in 2008: Charts

        The gold price has moved quickly and it has developed an important new uptrend characteristic. This so-called 'parabolic' trend is a dangerous type with a high probability of a sudden collapse.

RSS FEED

» Help

Current DateTime: 02:56:47 29 Nov 2009
LinksList Documentid: 30111251
powered by digg
Fast Money DisclaimerFast Money BiosAbout Fast MoneyRapid RecapFast Money Home
Text Size
Dec.30
10:36 AM ET

The financial crisis and market turmoil of 2008 have prevented many historical trends from holding true this year.  For instance, while November and December are typically two of the markets’ strongest months of the year, the performance during those months this year has been far from stellar.

The Dow [.DJIA  Loading...      ()   ] fell over 5% in November and is on pace for another 5% drop in December. This follows the index’s 14% plunge back in October. In fact, posting a decline in each of the final three months of the year is something the Dow has not done since 1941. For the fourth quarter, the Dow is down 22% - giving it its worst quarter since Q4 1987, when Black Monday struck.

However, one trend that appears to be holding up (at least early on) is the tendency for small cap stocks to outperform large caps during the so-called “January Effect” period (from the middle of December through the month of January). Since 1987, during the last half of December, the Stock Trader’s Almanac shows that the small cap Russell 2000 index rose 3.2%, on average, vs. the large cap Russell 1000 index’s average gain of just 1.7%. The small cap outperformance is evident this year too – since December 15, the Russell 2000 [.RUT  Loading...      ()   ] is up nearly 3% compared to the flat/breakeven performance of the Russell 1000 [.RUI  Loading...      ()   ].

As the markets wrap up the year, the Dow (down 36% YTD) is poised for its worst year since 1931. Only 2 of its components are up this year:

  • Wal-Mart [WMT  Loading...      ()   ] up +16% YTD
  • McDonald’s [MCD  Loading...      ()   ] up +2% YTD

GM [GM  Loading...      ()   ], Citigroup [C  Loading...      ()   ], Alcoa [AA  Loading...      ()   ], Bank of America [BAC  Loading...      ()   ], and American Express [AXP  Loading...      ()   ] are down -86%, -78%, -73%, -69% and -66% respectively and have been the weakest on the year.

Here’s how some of the other major indices and sectors have performed this year:


Tools:
PrintEmailAdd This share icon
Next Post
  • digg share

CNBC HIGHLIGHTS

  • These four sectors will be the next to lead the market.
  • Zhu Zhu Pets are this year's must-have toy, fetching $40 or more on eBay.
  • T shirt man
  • From the why-didn’t-I-think-of-that file, we present Jason Sadler, a man whose job is wearing T-shirts.
  • It may be the most unusual guide to business you'll read.
  • Shopping for a gadget hound? The choices can be baffling. Here are a few that should be a hit.
  • "The Who" will be the halftime act for Super Bowl XLIV on Feb. 7 in Miami. Is the NFL behind the times?
ADD COMMENTS
Remaining characters


Current DateTime: 01:01:45 29 Nov 2009
LinksList Documentid: 29778428

Current DateTime: 01:01:45 29 Nov 2009
LinksList Documentid: 29779196

Current DateTime: 01:01:45 29 Nov 2009
LinksList Documentid: 29779199

Current DateTime: 01:01:46 29 Nov 2009
LinksList Documentid: 29779198
  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.
A Division of NBC Universal
Thomson ReutersThomson Reuters