FYI: Since peaking out at 2,130.82 (on a closing basis) last May, the S&P 500 has seen its share of volatility. Despite the big swings, though, the index is currently within 3% of that all-time closing high from one year ago. Come this weekend, though, the S&P 500 will have gone a year without making a new 52-week high. While that may not sound like much, given that 2014 saw the fifth most daily closes at an all-time high on record, it has been a bit of an adjustment period for investors.
Regards,
Ted
https://www.bespokepremium.com/big-tips/b-i-g-tips-sp-500-treading-water/
Comments
Year-over-year returns are still battling with red-ink syndrome. The handful of winners for trailing 12-month column are led by US REITs, which are ahead by a solid 10% via Vanguard REIT E T F (VNQ), based on the past 252 trading days. But the majority of funds post declines. Note, however, that the worst performer for the trailing one-year period is emerging-market stocks. For the first time in recent memory, commodities are no longer dead last—a distinction that now goes to Vanguard FTSE Emerging Markets (VWO).
http://www.capitalspectator.com/commodities-last-weeks-asset-class-leader/
Asian shares off 2 month lows
Asian shares recovered from two-month lows on Tuesday after a rebound in technology giant Apple Corp and oil price gains boosted Wall Street.
Yet concerns about a slowdown in the Chinese economy could weigh on Asian shares after investment, factory output and retail sales all grew more slowly than expected in April, in data published on Saturday.
In the past month, shares in Greater China are among the worst performers globally, with Hong Kong, Taiwan and Shanghai shares all registering fall of around 7 percent.
http://www.reuters.com/article/us-global-markets-idUSKCN0Y8017