Fundranker Blog—November 2010 Archive
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New Bull Market Highs
After the last few dismal days for the market, it seems like a good time to review the market surge in early November. At its November 8 bull market high, the Nasdaq Composite Index (as measured by Fidelity’s Nasdaq Composite Index Fund) was up 2.472% in November, 14.433% YTD, and 105.748% from its March 9, 2009, bear market low.
At its November 5 bull market high, the S&P 500 Index (as measured by Fidelity’s Spartan 500 Index - Investor Class Fund) was up 1.785% in November, 11.369% YTD, and 87.237% from its March 9, 2009, bear market low.
As of its November high on November 8 (not quite a new bull market high), Fundranker’s Top Eight Model Portfolio was up 4.390% in November, 11.575% YTD, and 77.334% from its March 9, 2009, bear market low.
To put these amazing returns in some perspective, note that, as of their November highs, the Nasdaq Composite Index was down only 7.615% from its previous bull market high reached on October 31, 2007, the S&P 500 Index was still down 15.461% from its previous bull market high, also reached on October 31, 2007, and Fundranker’s Top Eight Model Portfolio was still down 18.634% from October 31, 2007, and 21.143% from the all time high it reached on June 23, 2008, part way into the bear market caused by the Great Recession.
Posted 11/18/10 10:06am ET in Fundranker, Market | Permalink | Comments (0)
Fundranker Upturns November 2010 Update
Fundranker’s Top Eight Model Portfolio added another multi-month gain in September and October, 2010. The table below shows Fundranker’s multi-month gains and compares them to returns of the Nasdaq Composite Index (as measured by Fidelity’s Nasdaq Composite Index Fund) and the S&P 500 Index (as measured by Fidelity’s Spartan 500 Index - Investor Class Fund) over the same time periods. Since we didn’t start tracking the Nasdaq Composite Index until October, 2003, its returns are shown starting in 2004:
| FSF | Nasdaq | S&P 500 | ||
| Period | Months | Return | Return | Return |
| Apr/Jul 1997 | 4 | 30.508 | 26.737 | |
| Nov/Dec 1997 | 2 | 3.682 | 6.342 | |
| Feb/Apr 1998 | 3 | 16.283 | 13.686 | |
| Sep/Jan 1999 | 5 | 57.092 | 34.423 | |
| Mar/Apr 1999 | 2 | 12.267 | 8.028 | |
| Oct/Feb 2000 | 5 | 79.523 | 6.960 | |
| Apr/May 2001 | 2 | 5.270 | 8.454 | |
| Nov/May 2002 | 7 | 24.740 | 1.461 | |
| Apr/Aug 2003 | 5 | 27.002 | 19.657 | |
| Oct/Feb 2004 | 5 | 22.058 | 13.227 | 15.740 |
| May/Jun 2004 | 2 | 5.001 | 6.771 | 3.309 |
| Sep/Dec 2004 | 4 | 15.808 | 18.259 | 10.379 |
| May/Sep 2005 | 5 | 26.361 | 12.312 | 7.029 |
| Nov/Jan 2006 | 3 | 22.953 | 8.880 | 6.555 |
| Mar/Apr 2006 | 2 | 8.780 | 1.820 | 13.073 |
| Nov/Jan 2007 | 3 | 7.126 | 13.073 | 11.059 |
| Mar/Jun 2007 | 4 | 9.584 | 7.986 | 7.446 |
| Aug/Oct 2007 | 3 | 14.491 | 12.500 | 6.942 |
| Apr/Jun 2008 | 3 | 13.553 | 0.761 | (2.739) |
| Mar/Sep 2009 | 7 | 42.376 | 54.521 | 45.835 |
| Nov/Dec 2009 | 2 | 10.099 | 11.240 | 8.041 |
| Feb/Apr 2010 | 3 | 19.803 | 14.838 | 11.021 |
| Sep/Oct 2010 | 2 | 16.524 | 18.763 | 13.030 |
With its current two-month upturn, Fundranker has risen 15 months during the 20-month-long bull market that started in March, 2009. Fundranker is up again through November 8; perhaps it will extend its bull market run and this latest multi-month upturn still another month.
Over all the upturns, Fundranker now has an average gain of 21.343%; the S&P 500 Index gained only 11.825% on average. Over the 14 upturns during which we tracked the Nasdaq Composite Index, Fundranker now has an average gain of 16.751%; the Nasdaq Composite gained only 13.925% on average. See our Fundranker Upturns May 2010 Update post for earlier information.
Although past results are never an assurance of future performance, it’s still great to know that Fundranker regularly outperforms the Nasdaq Composite and S&P 500 Indexes.
Posted 11/9/10 11:18am ET in Fundranker, Market | Permalink | Comments (0)
