Tags: Ignore | Noise | Numbers | S&P

‘Just the Facts, Ma’am’: Ignore the ‘Noise’ and Look at the S&P Data

By Bill Spetrino   |   Friday, 13 Apr 2012 08:22 AM

I'm just going to keep this simple, unlike the pundits, liars and fools who continue to spew nonsense and don’t consider the facts.

The conservative portfolio in my Dividend Machine newsletter was recently recognized in the Hulbert Financial Digest for its more than 20 percent annual return. How could that be when most stocks in that span are either lower or even?

Let's focus on the facts.

Editor's Note: Inside the World’s Greatest Retirement Lie
Find Out the Truth, See the Details.


The S&P 500 Index recently fell for five straight days. Many recalled the panic of 2008 and 2009, when the S&P dropped 5 percent.

Fact 1: The S&P was at an almost four-year high.

Fact 2: The S&P started March at 1,365.68.

So in the past six weeks, the S&P is up about 22 S&P points, or about 1.6 percent.

Fact 3: In the first two months, the S&P was up 8.65 percent and wasn’t going to keep up that pace for most of the year.

Anyone who understands markets realized that the S&P wasn’t going to keep up that pace. It doesn’t mean the S&P is going to crash.

Fact 4: The S&P has been above 1,350 every day at some point in the session on a daily basis since Feb. 8, when the S&P closed at 1,349.96.

In that span, the S&P dipped below 1,350 many times during a trading session.

From Feb. 8-16, the S&P went below 1,350 every day and as low as 1337.35 on Feb 10. But the S&P spent part of each trading session at some point above 1,350. On March 6 and March 7, the S&P dipped below 1,350 but later rebounded.

Editor's Note: Inside the World’s Greatest Retirement Lie
Find Out the Truth, See the Details.


The S&P has had a string of 45 straight days above 1,350 at some point in the trading session and 24 straight days above 1,373 during a session.

The S&P is down less than 1.5 percent for April, which isn’t bad considering the S&P was up more than 8.3 percent in the first quarter.

So until the S&P spends an entire session below 1,350, there is no reason to "panic."

About the Author: Bill Spetrino

Bill Spetrino is a member of the Moneynews Financial Brain Trust. Click Here to read more of his articles. He is also the editor of the Dividend Machine. Discover more by Clicking Here Now.


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