Home   Logon   Mobile Site   Research and Commentary   About Us   Call 1.800.621.1675 or Email Us       Follow Us: 

Search by Ticker, Keyword or CUSIP       
 
 
 
Blog Home
Bob Carey
Chief Market Strategist
Click for Bio

Follow Bob on Twitter Follow Bob on LinkedIn View Videos on YouTube
 

  S&P 500 Index Stock Prices Relative To Their 52-Week Highs
Posted Under: Broader Stock Market

 

View from the Observation Deck 

  1. Today's blog post is an update of one we did on 7/7/16 (click here to view). The chart above shows that a lot has changed with respect to how the 11 sectors have fared since 7/7/16. 
  2. The averages in the chart simply reflect where each of the 500 stocks stood, by sector, relative to their 52-week high as of 1/31/17. Their respective cap-weightings were not factored into the calculations.
  3. From 7/6/16 through 1/31/17, the S&P 500 Index, which is capitalization-weighted, posted a total return of 9.75%, according to Bloomberg. On a price-only basis, which excludes dividends, the index was up 8.53%.
  4. For the 12-month period ended 1/31/17, the S&P 500 Index posted a total return of 20.10% (17.45% on a price-only basis).
  5. As of 1/31/17, the S&P 500 Index, on a cap-weighted basis, stood 0.85% below its all-time high of 2,298.37, which was set just a few days earlier on 1/25/17, according to Bloomberg.
  6. As indicated by the percentages in the chart, the top-performing sectors (down the least, on average, relative to their 52-week highs) are cyclical in nature. The top-performing sectors back on 7/6/16 were defensive in nature. 

This chart is for illustrative purposes only and not indicative of any actual investment. The illustration excludes the effects of taxes and brokerage commissions and other expenses incurred when investing. There can be no assurance that any of the projections cited will occur. Investors cannot invest directly in an index. The S&P 500 Index is a capitalization-weighted index comprised of 500 stocks used to measure large-cap U.S. stock market performance, while the 10 major S&P 500 Sector Indices are capitalization-weighted and comprised of S&P 500 constituents representing a specific sector.

To Download a PDF of this post, please click here.

Posted on Thursday, February 2, 2017 @ 2:44 PM • Post Link Share: 
Print this post Printer Friendly

These posts were prepared by First Trust Advisors L.P., and reflect the current opinion of the authors. They are based upon sources and data believed to be accurate and reliable. Opinions and forward looking statements expressed are subject to change without notice. This information does not constitute a solicitation or an offer to buy or sell any security.
Search Posts
MARKET ANALYSIS


 PREVIOUS POSTS
Back to Earnings: Back to the Basics
Biotechnology Stocks Have Not Been This Cheap In A Decade
US Stocks Ended Jan. 27, 2017
US Economy and Credit Markets Ended Jan. 27, 2017
Corporate Earnings Expected To Trend Higher in 2017
The Meaning of 20,000
How U.S. & Other Developed Market Equities Have Fared Since Japan Peaked in 1989
US Stocks Ended Jan. 20, 2017
US Economy and Credit Markets Ended Jan. 20, 2017
Gold & Silver Miners Have Outperformed The Underlying Metals Since The End of 2015
Archive
Skip Navigation Links.
Search by Topic
Skip Navigation Links.

 
The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA, the Internal Revenue Code or any other regulatory framework. Financial professionals are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.
First Trust Portfolios L.P.  Member SIPC and FINRA. (Form CRS)   •  First Trust Advisors L.P. (Form CRS)
Home |  Important Legal Information |  Privacy Policy |  California Privacy Policy |  Business Continuity Plan |  FINRA BrokerCheck
Copyright © 2022 All rights reserved.