Last 2 Yr.s of SP 500 Gains Lost
The very rapid move through long standing support has trapped the market with the old support now the so very solid resistance. Additionally the last year of sideways ranging reduced average performance and weights the cost basis of the last year nearer what is now the high.
ES Nearby Weekly
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If you are a regular monthly investor you are now losing money on the last 2 years of your investing.
$1 invested monthly SP 500 since Aug 2013 = $25 cost basis.
As of last settle final value of portfolio = $23.16
SP 500 level required to break even = 2021
Presumably that goes for corporate stock buyback programs too.
Presumably that goes for corporate stock buyback programs too.
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