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Posts tagged S&P

ITD – Turn $1000 into $264 Billion with perfect S&P performance in 2013 @stocktwits $SPY

Today’s stock tweet of the day comes from @stocktwits. An article was posted on Stocktwits.com, which is a site dedicated to cash tag tracking (similar to the has tag but uses a “$” rather than a “#” as a pre-pending symbol). This article talks about how if you were to make the best possible move everyday in the S&P 500 you would turn $1000 into just shy of $264 billion.

We chose this simply as an interesting statistic. Performing these types of moves are next to impossible. You have better chances at winning the lottery.

This summary was done by taking the biggest mover in the S&P everyday up until now and theoretically buying at open and selling at close. Notable movers of course have been First Solar ( $FSLR ) and Netflix ( $NFLX ), who both were the biggest movers in the S&P 12 times (see below). Each up 77.28% and 295.63% year to date respectively.

Top S&P Performers

Below is the each day, with the market performer of that day, since January 1st. If you don’t know the company by their ticket name use Google Finance. or another quote service to look them up.

Perfect Performance Per Day

Source: Article, Tweet

Weekly Review

This past week, December 9th through December 13th, didn’t go as well as expected. We saw a record high at Monday’s close with the S&P at 1808.37. However, after that we saw a slight pullback through the rest of the week. This was due to the market worrying about what the Fed is doing. With some people thinking that the government bond buying will start to be tuned lower, there is hesitance that the market will still hold these tops if that happens.

The DOW and the S&P dropped 1.64% on the week, as well as the NASDAQ falling 1.51%. The weekly jobless claims were slightly skewed due to reporting errors for the two weeks previous.

Some highlights of last week; Facebook set to join the S&P 500, GE announces dividend increase, Federal Government passed a budget bill. Big market movers; Twitter up 31.26% on the week, Adobe was up 9.51%, and Atlantic Power Corporation was up 8.15%