After two months of 2011, the S&P 500 currently sits up 5.53% year to date. The index rose 2.26% in January and another 3.2% in the month of February. This is the first year since 2006 that the S&P has risen in both January and February. Going back to 1928, the index has now risen in the first two months of the year 31 out of 84 times. Earlier today over at Bespoke Premium, we took a look at what the S&P has done for the remainder of the year in these instances. Click here to subscribe and view the report if you're not currently a Premium member.
Below we highlight the year-to-date performance of the ten S&P 500 sectors. As shown, the Energy sector is up the most at 14.59%. Industrials, Technology, and Financials rank well behind Energy in 2nd, 3rd, and 4th place. The other six sectors are underperforming the market as a whole year to date.
In the Russell 3,000, 64% of stocks are trading higher in 2011. The average stock in the index is up 4.80%. Below is a list of the 36 stocks in the index that are already up more than 50% year to date. As shown, two names -- Opnext (OPXT) and Sunrise Senior Living (SRZ) -- are up more than 100% year to date.
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