Stock Market Performance Charts; Year to Date
Tuesday, March 3, 2009 21:09Posted in category Stock Market, Technical Analysis
I’m sure that the chart below comes as no surprise. Each of the major industry groups are down for the year. Banks and brokers are down 49% and 20.50% respectively.
The following chart contains the same industry groups as the previous but instead of plotting absolute performance, we focus on relative performance (Each industry group relative to the S&P 500). Most of these groups are actually out performing the S&P 500 year-to-date. Internet/Tech stocks are the strongest on this relative basis.
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