Strong December Start

The market surged over the first two trading days of December, sending the Nasdaq Composite Index (as measured by Fidelity’s Nasdaq Composite Index Fund) up 3.268% to another bull market high.

The two-day surge sent the S&P 500 Index (as measured by Fidelity’s Spartan 500 Index - Investor Class Fund) up 3.481%, but the index remained down a fraction of a percent from its November 5 bull market high.

Fundranker’s Top Eight Model Portfolio gained 3.391% over the first two trading days, putting it just a tiny fraction of a percent below its April 23 bull market high. The Top Eight Model Portfolio was not able to top its April 23 bull market high in November, but December’s strong two-day start put it ever so close.

Posted 12/02/10 11:59pm ET in Fundranker, Market

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