MarketWatch: “Stock traders take note: There’s hope for market timing, after all”
By datatrekresearch in Sem categoria
Excerpt from MarketWatch quoting DataTrek:
.... "The S&P 500 would be up more than 30% this year as of November 8, but for eight particularly bad days for the U.S. market. That’s more than double the benchmark index’s actual return of 14.1% over that time.
I point this out to provide additional perspective on a provocative report from DataTrek Research, which recently reported that the S&P 500’s return through Nov. 8 was due primarily to the year’s eight best trading days.
This is important because if you focus only on what happens when you miss the best trading days, market timing can appear to be a fool’s game. But that’s only half the story. A defender of market timing could just as easily focus on the huge benefits that accrue to sidestepping the biggest losing days"....
Full article here on MarketWatch.
