Bull Market Crosses the Six Month Mark

Wednesday marked six months since the March 9th bottom for the S&P 500. It's only fitting that the index managed to close at a new bull market high Wednesday as well. Below we highlight sector performance over the last six months along with the best performing stocks in the S&P 500 since March 9th. As shown, the Financial sector has been leaps and bounds ahead of the other nine S&P 500 sectors during the current bull market with a gain of 132.68%. Four other sectors have outperformed the S&P 500 (+52.75%) as a whole since March 9th -- Industrials (70.18%), Materials (68.80%), Consumer Discretionary (67.59%), and Technology (63.73%). The five sectors that have underperformed the S&P 500 during the current bull have underperformed by quite a bit. Telecom is up the least with a gain of just 19.4%, while Health Care, Energy, Consumer Staples, and Utilities are all up about 30%.

As of Wednesday's close, 489 of the 500 stocks currently in the S&P 500 are up since March 9th, and 287 are up more than the 52.75% that the index itself is up. A whopping 134 stocks are up more than 100%. Just one stock in the S&P 500 is up more than a thousand percent since March 9th, and that is Genworth Financial (GNW). Other notables on the list of the top 25 stocks during the bull market include AIG, BAC, Citigroup, Ford, and WYNN.

Comments

[NUCLEAR1929:]

bull market is only on the chart, in investors pockets there is one 14$ trillion hole

Sep 10 01:16 PM

[ed233:]

Markets can move in one direction longer than most people can afford to support an opposite direction. But I know of no market trend that moves in one direction only. LOL Looking after your money.

Sep 13 04:56 PM