Tuesday, January 27, 2009

Year of the Ox Not Historically A Good Stock Market Year

It was Lunar New Year yesterday and we've officially welcomed the Year of the Ox. I'm not superstitious so I usually don't follow astrology or horoscopes. But according to my favorite stock picking show, Fast Money, the Year of the Ox historically isn't a good year for the stock market.



According to the show, here are the average performance of the S&P 500 in the respective Chinese Zodiac years:

ANIMAL

S&P 500 Avg. Performance

Pig

+14%

Rat

+14%

Tiger

+11%

Rooster

+10%

Rabbit

+10%

Dragon

+7%

Dog

+7%

Sheep

+6%

Monkey

+4%

Ox

+3%

Horse

+2%

Snake

-6%



The good news is 2010 will be Year of the Tiger. If historical averages hold true, bull market, here it comes! :-D

5 comments:

Sharon Rose said...

Hi there-how interesting!! So we don't have to feel too bad in backing out of share investing this year then!

Miss M said...

Yeah I don't think they got last year right. Where are the -33% years?? I'll take flat right now, just don't burn more of my dollars please market.

Shtinkykat said...

$haron: The only guaranteed return is to pay off debt which is what you're doing. You made a sound investment decision, if you ask me!

Miss M: Uhhhh.. yeah. Last year was Year of The Rat and it definitely wasn't a 14%+ year. I'm with you. I'm praying for a stagnant market.

jpkittie said...

wow --- that is crazy!

atleast it isn't the snake ;)

K-money said...

I see that the pig reigns with 14%. Hooray for pigs!