Tuesday, January 21, 2014

What Do the Odds Say? Buy Stocks Begin of Year?

At some point in 2013, I read (can’t remember where) that 2012 was a rare year for the S&P 500  where no day’s closing  price was lower than the closing price  for the first day.  So if you bought on the first day of 2012, you never had a loss for the entire year.  Well, the same thing happened 2013, so I just had to do some analysis.  Below is a dimple.js chart built using rCharts with the minimum close price for the year divided by the close price for the first day of that year.

data source: Yahoo! Finance, Standard & Poors

1 comment:

  1. I wish we could extrapolate like this. I'm not willing to be this bold :)