Tag Archives: FINRA

POCKETBOOK: Week ending April 1, 2017

7be6974a-a70c-449c-b75f-92ef077bf8a2

• The bull in the bull

Every investor knows, or at least has been told, that bull markets don’t go on forever. That said, they can, however, last a pretty long while.

How long? Thousands of days, according to data from FINRA.

Setting the current bull market aside, the longest bull market in US history lasted 4,494 days (October 1987 to March 2000). During that time period stocks gained 582%, and 308 hit all-time highs.

The shortest bull? Only 1,839 days. The market gained 152% during its 5-year run from August 1982 to August 1897. And, 152  stocks hit their all-time highs during it.

Bull market durations aside, according to  SchaefferResearch.com, when you look at the really big market performance picture —that includes both bull, bear and flat markets— the annualized return of the DJIA since 1920 is around 5.5%.

Bet you thought it was going to be higher, didn’t you.

 

  • Market Quick Glance

Up for the week. Down for the year.

That’s how the major indices closed on March 31, 2017, according to CNBC.com.

What’s to come? It depends upon whose info you read: Some say this bull has room to roam; others, a sit down is coming.

Personally, I’d prepare for some upcoming buying opportunities.

Below are the weekly and 52-week performance results— including the dates each has reached its high according to data from CNBC.com. Data is based on prices at the close of business for the week ending March 31, 2017.

-Indices:

-Dow Jones +4.56% YTD, up from last week’s 4.22%

•1yr Rtn +16.84% down from last week’s 17.59%

The DJIA reached an all-time high of 21,169.11 on March 1, 2017.

 

-S&P 500 +5.53% YTD up from last week’s 4.70%

  • 1yr Rtn +14.71% down from last week’s +15.13%

The S&P 500 reached an all-time high of 2,400.98 on March 1, 2017.

 

-NASDAQ +9.82% YTD up from last week’s +8.28%

  • 1yr Rtn +21.39% down from last week’s 22.11%

The Nasdaq reached its all-time high of 5,928.06 on March 21, 2017.

 

–Russell 2000 +2.12%  YTD up from last week’s -0.18%%

  • 1yr Rtn +24.41% down from last week’s +25.28%

The Russell 2000 reached its all time high of 1, 414.82 on March 1, 2017.

 

-Mutual funds

At the close of business on Thursday, March 30, 2017, the average total return for U.S. Diversified Equity Funds was 4.82%, according to Lipper. That’s up from the previous week’s close of 3.49%.

Under the broad Sector Equity Fund heading, three categories have shown double-digit returns at the close of the third-quarter while the average fund under this heading was up 3.51%.

Looking at those top performers,  the average YTD returns  were found in Global Science/Technology Funds, up 13.85%, Science & Technology Funds, up on average 12, 20% and Health/Biotechnology Funds, up 11.07%.

It is still  hard to top the performance of the average World Equity Fund. The 4,522 funds that Lipper tracks under that heading were up on average 8.97%.

Visit www.allaboutfunds.com for more information about how various equity and fixed-income funds have rewarded investors over the short-and long-term, based upon Lipper data. Short-term meaning weekly and monthly performance returns; longer-term includes quarterly, year-to-date, 1-yr, 2-yr, 3-yr and 5-yr returns.

 

  • Baby Boomers Big Bomb

According to CWR & Partners, LLP, a public relations firm, 41% of Baby Boomers (ages 55 to 64) have no retirement savings at all; Social Security’s average payment is $1,360.00 per month resulting in a SS poverty level annual income of $16,320 ; and 1 out of every 65 year old will live past the age of 90.

Hum.

-30-

 

 

 

 

 

 

Advertisements

POCKETBOOK: Week ending Feb. 25, 2017

IMG_0204

 

•Winning streak…and investment suggestion

Hard to believe, but last week the DJIA recorded its longest 11th straight record close and its longest winning streak since 1992, according to CNBC.com.

That said, D.H.Taylor of SeekingAlpha.com, wrote on Feb. 24th that the P/E ratio of the DJIA has only been over 25 on two other occasions: In 1929 and 2000. FYI, the P/E ratio for the past 135 years averages 15.

That news says to many that there’s a down coming. Who knows why, how large a decline or for how long it will last but the numbers suggest that there’s a market fall coming.

I’ll guess that the timing of which will be before the end of the year—if not way sooner. (How’s that for a not-sticking-my-neck-out-much prediction.)

Back to more of that said. If you’re wondering how to make a buck investing on Wall Street under whatever conditions, advice from Warren Buffett in his annual newsletter to shareholders might suit you just fine: “When trillions of dollars are managed by Wall Streeters charging high fees, it will usually be the managers who reap outsized profit, not the clients.”

He added: “Both large and small investors should stick with low-cost index funds.”

 

  • Market Quick Glance

 Still more….

More highs for the major indices as the week ending Feb. 24, 2017 came to a close. The upward year-to-date performance trend was realized in three of the four indices followed here.

Below are the weekly and 52-week performance results— including the dates each has reached its high according to data from CNBC.com. Data is based on prices at the close of business for the week ending Feb. 24, 2017.

-Indices:

-Dow Jones + 5.36% YTD, up from last week’s 4.36%

  • 1yr Rtn +26.31% up from last week’s 25.34%

The DJIA reached a 52-week high of 20,840.7 on Feb. 23, 2017. (Previous all-time high was 20639.87 on Feb. 16, 2017.)

 

-S&P 500 +5.74% YTD up from last week’s 5.02%

  • 1yr Rtn +22.67 % down from last week’s 25.07%

The S&P 500 reached a 52-week high of 2,368.26 on Feb. 23, 2017. (Previous all-time high of 2,351.31 was reached on Feb. 16, 2017.)

 

-NASDAQ +8.59 YTD up from last week’s +8.46%

  • 1yr Rtn +28.68% down a tad from last week’s 28.77%

The Nasdaq reached a 52-week high and its all-time of 5,867.89 on Feb. 21, 2017.

 

–Russell 2000 +2.76 YTD% down from last week’s +3.15%

  • 1yr Rtn +36.44 % down from last week’s +38.44%

The Russell 2000 reached its 52-week high and its all time high of 1,410.04 on Feb.21, 2107.)

 

-Mutual funds

Continuing that upward trend.

The average U.S. Diversified Equity Fund enjoyed another good performance week as at the close of business on Thursday, Feb. 23, 2017, the year-to-date return on funds under this heading was up 4.82%, according to Lipper. That’s up from last week’s average of 4.59%.

The losing group under that big heading continued to be Equity Leverage Funds, down 12.78% on average—last week the average was down 12.37%. Winning group? Again it was Large-Cap Growth Funds, up 7.93%.

Changes under the Sector Equity Funds heading as only three fund types had year-to-date average returns of 10% or greater: Precious Metals Funds, up 18.64% —the week previous they averaged 22.50%; Global Science/Technology Funds, up 10.84% –last week 10.23%; and Commodities Precious Metals Funds, up 10.76%–last week it 10.34%.

Lost out were Commodities Base Metals Funds, up 8.16% that’s down from last week’s average of 10.36%.

Visit www.allaboutfunds.com for more information about how various equity and fixed-income funds have rewarded investors over the short-and long-term, based upon Lipper data. Short-term meaning weekly and monthly performance returns; longer-term includes quarterly, year-to-date, 1-yr, 2-yr, 3-yr and 5-yr returns.

 

  • FINRA and love and money

The Financial Industry Regulatory Authority appears to be getting to the heart of things with its new publication about love and money.

Titled, “Love and Money: Talking about Finances With Your Significant Other”, the piece is worth a read reminding folks not to overlook this oh-so and vitally important subject.

Funny how money, like sex, used to be a forbidden subject not so very long ago. Not so today. Don’t know what’s going on with your partner’s finances could spell disaster for all parties concerned.

Get some good discussion tips at FINRA.org.

 

30-