2007 Volatility: Below Historical Average

I keep hearing how there was an unusual amount of volatility in 2007.

That assessment is wrong. We have become used to the aberrationally low volatility of recent years, but historically,  we are just below average, according to Bespoke Group:

"The average absolute daily price change in the S&P 500 by year. In 2007, the average worked out to 72 basis points, which means that, on average, the S&P 500 had a daily move (up or down) of 0.72% versus an average of 0.75% since 1928. The last time the market was this ‘placid’ was in 1996."

SPX Chart:



Think B.I.G., December 31, 2007 at 11:41 AM


Category: Markets, Technical Analysis, Trading

New Column up at TheStreet.com (01/03/08)

Category: Apprenticed Investor, Investing, Markets

How Far Might Housing Prices Fall?

Category: Data Analysis, Economy, Real Estate

2007 Movie Theater Attendance = Flat

Category: Digital Media, Film, Technology

Google Gets Its Elections On!

Category: Politics, Taxes and Policy, Web/Tech

Market Sentiment

Category: Contrary Indicators, Markets, Psychology

Crude Oil = $100

Category: Commodities, Energy, Technical Analysis

Yearly High to Low in One Day!

Category: Markets, Psychology, Technical Analysis

New Column up at Real Money (01/02/08)

Category: Apprenticed Investor, Corporate Management, Investing, Markets, Technical Analysis, Trading

Odd Data Point of 2007

Category: Markets, Technical Analysis