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The Best and Worst of the DJIA Year-to-Date 2012

I doubt many people could have guessed these results last December 31st.

2012 has been a very non-homogenous market so far. Relatively junky Bank of America (BAC) led the pack by far while four of the six worst DJIA performers- excepting Hewlett Packard (HPQ) and Alcoa (AA), would normally be considered high-quality issues.

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The three best so far in 2012 came off very different from the previous year’s performances.

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The bottom three confirmed that 2011’s action gave no conclusive guidance to what was on tap for 2012.

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Chart Sources: Big Charts

With so much variation in YTD results, it appears we’re deep into a classic ‘stock pickers’ market rather than a ‘rising-tide-lifts-all-boats’ environment.

That should make fundamental analysts happy.

About the author:

Dr. Paul Price
http://www.RealMoneyPro.com
http://www.gurufocus.com/peter_lynch.php
http://www.TalkMarkets.com
http://www.MutualFunds.com

Visit Dr. Paul Price's Website


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