I hope everyone enjoyed my first article in the series—Who Wins ‘Passive vs. Active’ Institutional Debate? Pt. 1: U.S. Large Cap Blend—on this highly debated subject matter. However, before we dive into the Large Cap Growth space analysis, let me respond to a few comments relative to my first article. These articles are derived from a simple database screening, with the goal of creating a pure ‘apples to apples’ comparison between the institutional-only active vs. index mutual fund space.
It was another exciting week on Wall Street as the majority of stocks continued to befuddle the most pessimistic pundits as stocks close up. During the holiday-shortened week, stocks took their cue from better-than-expected earnings reports and some unexpectedly strong economic data. It was the ‘bulls’ third-straight weekly win for the month of January and it’s the best start for a new year dating all the way back to 1987. And, what’s even more confusing and surprising is that the worst stocks of 2011 are now the new leaders of the still young 2012.
Stocks Continue to Move Northward
Upward Movement to Begin the Year
Stocks End Flat
Markets Closed Up
Stocks Close Down
Stock Market Rally
Indexes Close Down