Keep Your Enthusiasm Curbed

Last month was one for the record books, at least in the new century. The S&P 500 returned 4.48%, the Nasdaq-100 rose 8.38%, and the Russell 2000 gained 7.06%. Investors willing to take on additional expected risk were greatly rewarded, as the Brazilian Bovespa surged more than 11% and a strong real advanced 6.3% against the U.S. dollar. Investors in the MSCI Brazil ETF (EWZ) scored a total return of 14.3%.

Only the power of the most recent surge has come as a surprise since markets were severely oversold around Thanksgiving, a period that ushers in the strongest upside seasonality in U.S. equity markets. Given the historically high correlation between global equity markets, it was a good bet that whatever was good for U.S. stocks would also be good for global stock prices --and so it came to pass....623 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money Pro trading floor.

There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please login.

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.