S&P 500 and Dow have worst month ever: Finding stocks going up
Filed under: Apple Inc (AAPL), Exxon Mobil (XOM), Colgate-Palmolive (CL), S and P 500, DJIA
Both the S&P 500 and DJIA had their worst January on record. But, in the case of the S&P, 500 stocks is a lot of stocks. And, there is a lesson in that. Investors can still make money in a bear market. because even if 450 in the index's universe are down, 50 can be up.
ExxonMobil (NYSE: XOM) was actually up 2% for the month. That may not seem like much, but 2% over 20 days is actually a remarkable return in a market like this. Not all oil stocks were up, but shares in the most of the largest oil firms beat the Dow.
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S&P 500 and Dow have worst month ever: Finding stocks going up originally appeared on BloggingStocks on Sat, 31 Jan 2009 06:38:00 EST. Please see our terms for use of feeds.
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