October has Been a Tough Month for Stock Picking

October 20, 2014

By Knowledge Leaders Team in Uncategorized

The percent of stocks with positive performance for the month of October through last Friday stands at a paltry 15%. Granted, as of last Friday there were ten trading days left in the month, but 15% would the lowest reading since May of 2012 and September of 2011 before that. As chart two shows, only 38% of stocks are trading higher YTD, which is the lowest since 2011 and 2008 before that.

Tags > MSCI World

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