Cherry Picking 'Rocketing' Stock Price Movement Timeslots ...
... as opposed to looking at more common 1 year, CYTD, or Multi-Year (1,2,3,5) stock price growth or loss and what is behind the appreciation or loss iwhich often tells a very different story than the noisemaker cherry picking the slot:
Nokia Corp ADS (NYSE:NOK) +81% YoY
8/22/2013 .... $4.12 Close
52-Wk Low .... $2.27
52-Wk High ... $4.90
That's >2x the YoY performance of any meaningful US index.
NASDAQ CI: $@CCO +30% YoY
8/22/2013 .... 3,638.71 Close
52-Wk Low .... 2,810.80
52-Wk High ... 3,694.19
S&P 500 Index: $SPX +23% YoY
8/22/2013 .... 1,656.96 Close
52-Wk Low .... 1,343.35
52-Wk High ... 1,709.67
Dow Jones IA: $DJX +16% YoY
8/22/2013 .... 149.64 Close
52-Wk Low .... 124.72
52-Wk High ... 156.58
So much for this obscure time slot attempting to make a point that can't inelligently be justified:
Now... (7 months later)
NOK @ 4.13..... DOWN 16%
DOW @ 14,973....... UP 10%
S&P @ 1660............ UP 12%
NAZ @ 3650............ UP 16% Fun with numbers!
- Eric - |
