Monday, March 9, 2009

February Results UGH

More bad market news. When will it end, or just stop going down? Barron's over the weekend suggested that a major rally is due because of the over-sold condition of the market. Art Cashin appears on CNBC every morning to give a trader's market take--he's the head of floor operations for UBS (been on the floor for decades)--he thinks the market is due for a good bounce...alright then, bring it on. Here are February's performance numbers as published by Investment Advisor Magazine:

The Monthly Index Report for March 2009

Index

Feb-09

QTD

YTD

Description
S&P 500 Index*

-11.0%

-18.6%

-18.6%

Large-cap stocks
DJIA*

-11.7%

-19.5%

-19.5%

Large-cap stocks
Nasdaq Comp.*

-6.7%

-12.6%

-12.6%

Large-cap tech stocks
Russell 1000 Growth

-7.5%

-12.0%

-12.0%

Large-cap growth stocks
Russell 1000 Value

-13.4%

-23.3%

-23.3%

Large-cap value stocks
Russell 2000 Growth

-10.4%

-17.2%

-17.2%

Small-cap growth stocks
Russell 2000 Value

-13.9%

-26.2%

-26.2%

Small-cap value stocks
EAFE

-10.2%

-19.0%

-19.0%

Europe, Australasia & Far East Index
Lehman Aggregate

-0.4%

-1.3%

-1.3%

U.S. Government Bonds
Lehman High Yield

-3.1%

2.7%

2.7%

High Yield Corporate Bonds
Calyon Financial Barclay Index**

-0.2%

0.4%

0.4%

Managed Futures
3-mo. Treasury Bill***

0.0%

0.0%

0.0%


All returns are estimates as of February 27, 2009. *Return numbers do not include dividends.
** Returns are estimates as of February 26, 2009.

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