Via the good folks at Bespoke Investment Group, here are two graphics that tell the story on a quarter that stock market investors hope to quickly forget. First up, Bespoke finds that the S&P 500 over the last 40 trading days averaged a daily move of +/- 1.9% – but that over this same period the total difference between the index’s closing high and closing low was only around 8%:
And here’s a table from Bespoke showing the performance of a large number of ETFs across all asset classes over the last month, quarter and 2011 year to date. Note that except for fixed income and currencies, only Utilities managed to squeak out a Q3 gain:
