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Fundranker Blog—April 2011 Archive

Six-Month Winning Streak

Fundranker’s Top Eight Model Portfolio extended its most recent multi-month gain to six months—September, 2010, through February, 2011; unfortunately, it stopped there with a small loss for the month of March. During that six-month period, Fundranker’s Top Eight Model Portfolio gained 35.516%, while 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 Fund - Investor Class) gained only 32.150% and 27.662%, respectively.

See our Five-Month Winning Streak post for a table that shows all of Fundranker’s multi-month gains and compares them to returns of the Nasdaq Composite Index and the S&P 500 Index.

With this six-month upturn under its belt, a slight loss in March, and another gain in April, Fundranker rose 20 months during the 26-month bull market that started in March, 2009. Perhaps Fundranker will extend its bull market run with a gain in May and mark a new multi-month upturn, April to May, as well.

Over all of its 23 historical multi-month upturns, Fundranker gained an average of 22.169%; the S&P 500 Index gained only 12.461% on average. Over Fundranker’s 14 historical multi-month upturns during which we tracked the Nasdaq Composite Index, Fundranker gained an average of 18.108%; the Nasdaq Composite Index gained only 14.881% on average.

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 4/29/11 12:24pm ET in Fundranker, Market | Permalink | Comments (0)

April Bull Market Highs

As of April 26, both 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 Fund - Investor Class) hit new bull market highs. The bull market that began in March, 2009, is now nearly 26 months old.

As of April 26, the Nasdaq Composite Index is up 127.648% from its March 9, 2009, bear market low, and it is up 2.219% from the high it reached on October 31, 2007, at the end of the preceding bull market.

As of April 26, the S&P 500 Index is up 107.581% from its March 9, 2009, bear market low, but it still is down 7.178% from the all-time high it reached on October 9, 2007, at the end of the preceding bull market.

As of April 26, Fundranker’s Top Eight Model Portfolio is up 98.543% from its March 9, 2009, bear market low, but it still is down 11.712% from the all-time high it reached on June 23, 2008, a few months into the preceding bear market.

Posted 4/27/11 1:50pm ET in Fundranker, Market | Permalink | Comments (0)

Market Volatility Surges

With continuing unrest in the Middle East, the devastating earthquake and tsunami in Japan, and Japan’s continuing nuclear disaster, world stock markets have been particularly volatile from late February and through mid-April.

Through March 16, when markets hit lows for the current downturn, the S&P 500 Index (as measured by Fidelity’s Spartan 500 Index Fund - Investor Class) was down 6.258% from its February 18 bull market high, the Nasdaq Composite Index (as measured by Fidelity’s Nasdaq Composite Index Fund) was down 7.627% from its February 18 bull market high, and Fundranker’s Top Eight Model Portfolio was down 8.720% from its February 17 bull market high.

During the last half of March, however, the stock market broke to the upside, regaining most of the above losses. As of March 31, the S&P 500 Index, the Nasdaq Composite Index, and Fundranker’s Top Eight Model Portfolio were down only 1.071%, 1.807%, and 2.222%, respectively, from their mid-February bull market highs.

In April, the market turned down again, especially today, April 18, with the S&P 500 down over 1.5% midday on new worries that include today’s downgrade of the United States’ credit outlook by Standard & Poors and increasing concerns that Greece will have to renegotiate terms of its public debt.

Posted 4/20/11 1:09pm ET in Fundranker, Market | Permalink | Comments (0)