1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Dr. Paul Price
Dr. Paul Price
Articles (504)  | Author's Website |

The Chart Is Worse than the Bite

September 26, 2013 | About:

I SPY a 5-Day Losing Streak.



Media spokesmen love to spout statistics. They were quick to let traders know that the market experienced its first five-day losing streak of 2013.

The short-term chart of the SPY (S&P 500 ETF) makes things appear pretty drastic. Not shown was the fact that it went ex-dividend for $0.838 per share on Sept. 20.

The nominal loss drops to just (-1.84%) in total return on an adjusted basis. That is equivalent to a $10 stock going down about 18 cents over a full week of trading.

1534936458.jpg

See more Value Investing commentary here http://marketshadows.com/value-investing

About the author:

Dr. Paul Price
http://www.RealMoneyPro.com

Visit Dr. Paul Price's Website


Rating: 5.0/5 (5 votes)

Voters:

Comments

Please leave your comment:


GuruFocus Mobile App


User Generated Screeners


rael22220/0/0/4
rael22220/0/0/3
rael22220/0/0/2
VaatetradeGraham
OptionPirateWACC8percentOverROIC_Pdouble52
rael22220/0/0/1
wynandvn12345ROE
CannonfmEV EBIDTSA
pbarker46Cheap w Past Profitability
Praveen ChawlaYac_Yield
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK