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Today is a market anniversary of sorts, with stocks beginning a bull run on Oct. 9, 2002 and...

  • Tuesday, October 9, 2012, 1:00 PM ET
    Today is a market anniversary of sorts, with stocks beginning a bull run on Oct. 9, 2002 and then peaking on Oct. 9, 2007. Performance since the 2007 top (dividends included): Staples (XLP) and Consumer Discretionary (XLY) lead the way, gaining 47.1% and 34.6%, respectively. The outlier on the downside is the financial sector (XLF) -49.9%. (via)
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  •  
    The staples -- people have to eat. Barring WW3 or plague-like situations, you really can't go too wrong holding the staples for the long term.
    9 Oct 2012, 01:16 PM Reply Like
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