Top Nav

Stock Market Today

Three-quarters of the way through 2013, the stock market today has performed admirably. The average diversified U.S. stock fund soared 7.7% from July through September.

The third-quarter gain, the best since the first quarter, brings 2013’s average gain to 21.6% vs. 20.5% for the S&P 500 index. If the year were to end here, it would be the best one since 2009.

stock-market-todayStock Market Today 

  • Average stock gains 21.6%.
  • Emerging markets sell off.
  • Influenced by news of the day.

Small company growth funds jumped 12.8% the third quarter, bringing the 2013 gain to 32.2%. The biggest improvement through the third-quarter 2013 happened with precious metals funds, up 11.4%, thanks to a big rebound in gold prices.

Health and biotechnology funds were up 13.9% for the third quarter and 38.3% for the year.

Global science and technology funds rose 13.4% for the quarter and 22.5% for the year. The top fund for the quarter was Direxion China Bull 3X fund, up 93.6%. It uses leverage to capture the Chinese market’s gains and losses.

Some international funds also fared well. European funds gained 13.1% for the quarter, and international large-cap core funds — your basic diversified large-company international fund — jumped 11.6%.

Emerging markets funds, however, gained 5.5% for the quarter, and are still down 2.2% for 2013. India funds fell 6.5%, and real estate funds lost 1.7%.

Stock Market Today: Looking Ahead

However, the stock market is being influenced by a number of issues: a shutdown by the federal government, a threat by the Fed to reduce economic stimulation, unrest in the Middle East and a month—October—that historically has a bad reputation.

Historically, stocks have managed to advance the vast majority of the time (10 out of 11 occurrences) in the two weeks following a government shutdown. In addition, a Bloomberg report stated that since 1976, the S&P has risen 11% on average in the 12 months post-shutdown.

News of the day is likely to dominate trading in the coming days and weeks so should new tensions break out in the Middle East, investors may take profits and put new money to work in gold or bonds, both safe havens.

Why I Love Mobile Banking

Editor’s Note: This could change how you invest for the rest of your life. On July 30, Ian Wyatt is making a major announcement that will have a dramatic impact on how much money you make this year. To be part of it, you must sign up now.  Click here and sign up for priority notification. [...]

Four Takeaways From the Apple Earnings Report

Yesterday afternoon Apple released its third quarter earnings report. If you were hoping for earth shattering news that would move the stock dramatically you’ll be disappointed. Though it was the previous Apple earnings report that sent the stock higher by 8% and ignited a 26% rally, I wouldn’t expect such a move from the stock today. [...]

Invest in the Elon Musk of the Future

Elon Musk has made some bold bets. Though he is only 43, Musk has already created the market for digital-payments, taken on the entire auto industry, is attempting to reshape the global energy portfolio and wants to venture into space where no one has ever before ventured. When you consider his businesses and his ideas as [...]

Here’s the Best Way to Protect Your Investment Returns

The S&P 500 just hit another all-time high. As a result, the questions have been rolling in here at Wyatt Investment Research. The question on everyone’s mind . . . what is the best way to protect my investment returns? For most individual investors, buying put options is the answer. Unfortunately, this strategy is one of the [...]

Should eBay Sell PayPal?

Online auction marketplace eBay (Nasdaq: EBAY) is generating a lot of attention from activist investors in 2014. Why? Because activist investor Carl Icahn wants eBay to sell or spinoff PayPal. Or, rather, he did. Icahn made a push early this year for eBay to sell its entire PayPal arm and then later softened his stance [...]

More Recent Stock Market Today Articles

View All Stock Market Today Articles

popunder

Get the report FREE, enter your e-mail: