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A Poor End To A Bad Month

FYI: With the month of September and the third quarter now in the books, below is a look at the performance of various asset classes using key ETFs traded on US exchanges. It was a rough month for stocks, especially for smallcaps. The Russell 2,000 (IWM) finished the month down 6.19% and the quarter down 7.96%.
Regards,
Ted
http://www.bespokeinvest.com/thinkbig/2014/9/30/a-poor-end-to-a-bad-month.html?printerFriendly=true

Comments

  • edited October 2014
    Absolutely agree.

    Again, think only way out of current malaise is 3Q earnings.

    Here's look back at SPY and AGG.

    SPY not as poor as Russell, still, below 10 day and headed below 50 day moving averages. But, still up more than 8% YTD.

    image

    More recently, AGG trending in right direction. But honestly neither index is offerring much comfort these days. Comfort...what's that?!

    image

  • And a worse start to a new month. Sept/Oct have historically been poor month for the market. Wait till November and don't get annoyed.
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