Dow Jones gains 936.42 points in one day, the biggest single day jump, a rise of 11.08%. The S&P 500 climbs 104.10 points, or 11.6%, to 1,003.32, the S&P's largest daily point jump. The Nasdaq Composite amasses 194.74 points, or 11.8%, to 1,844.25, the third-greatest percentage rise.The Innovation Index Fund gains 30% in one day, the largest percentage increase in one day.
What is in store for tomorrow? Can the markets continue this rally?
Our outlook is that the U.S. stock markets will rebound further post November elections and post November options expiration. Whether they would finish the year in the positive remains to be seen.
Innovation Index Reports
- Introducing The Innovation Index
- Annual Report 2007 - The Innovation Index gains 66%
- Measuring Business Innovation Success
- Innovation Index Group BUY Recommendations
- Q1 2008 Report - Innovation Index ahead of S&P 500
- Q2 2008 Report - Top Innovators Deliver
- The Innovation Index Fund FAQ
- Top 50 Innovative Companies in the world
- Annual Report - Chapter One - Total Innovation Activity
- Annual Report - Chapter Two - The Top Innovator
- Annual Report - Chapter Three - The Innovation Insights
- Innovation and Stock Performance Correlation
- Future earnings guidance, A leading indicator
- Smart Investing In Tough Economic Times
- To Sell Or Not To Sell - You Decide
- Creativity and Innovation Best Practices
- Creativity and Innovation Case Studies
About The Innovation Index
The Innovation Index introduced in December 2006 is a weighted stock price index of the top 20 Innovators in
The Innovation Index returned 66% in 2007 based on performance model, and would have returned 174% over the previous five years (2002-2006) based on historical model*. This assumes equal investment in each stock of The Innovation Index as of December 31, 2001. An average of $100 invested in The Innovation Index on December 31, 2001 returned $454 as of December 31, 2007. By comparison, $100 invested in S & P 500 returned 28% or $129, $100 invested in NASDAQ returned 34% or $136, and $100 invested in the Dow Jones Index returned 30% or $131 through December 31, 2007. The Innovation Index beats the S & P 500, NASDAQ and Dow Jones Index by more than seven times over the past six years.*
Alphabetical list of the Top 20 Innovators of The Innovation Index for 2008 and their stock ticker symbols:
3M Company - (NYSE: MMM)
Amazon.com, Inc. - (NASDAQ: AMZN)
America Movil - (NYSE: AMX)
Apple Inc. - (NASDAQ: AAPL)
AT&T Inc. - (NYSE: T)
Best Buy Co., Inc. - (NYSE: BBY)
Cisco Systems, Inc. - (NASDAQ: CSCO)
Costco Wholesale Corporation - (NASDAQ: COST)
eBay Inc. - (NASDAQ: EBAY)
General Electric Co. - (NYSE: GE)
Google Inc. - (NASDAQ: GOOG)
Hewlett-Packard Co. - (NYSE: HPQ)
Intel Corporation - (NASDAQ: INTC)
International Business Machines Corp. - (NYSE: IBM)
Merck & Co., Inc. - (NYSE: MRK)
McDonald's Corporation (NYSE: MCD)
Microsoft Corporation - (NASDAQ: MSFT)
NIKE, Inc. - (NYSE: NKE)
Research In Motion Limited - (NASDAQ: RIMM)
The Proctor & Gamble Company - (NYSE: PG)
The Innovation Index will analyze the positions and standings of the Top 20 Innovators at the end of each year. For 2008, there will be no further changes in The Innovation Index.
Disclaimer: The Innovation Index Group, Inc. invests in the stocks comprising The Innovation Index.
*Past Performance Does Not Guarantee Future Results
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