Please click here to read Innovest's Q1 Research Report.
Despite the S&P 500 Index finishing essentially flat for 2011, the stock market was no place for the faint of heart this past year. Correlations between stocks converged, amplifying daily volatility. In 2011, there were sixty-nine days in which 90% of the stocks in the S&P 500 moved in the same direction—a near record level. The Dow Jones Industrial Average moved greater than 200 points on thirty-seven days, historically much higher than usual.
Continue reading the Innovest Research Report for this quarter.