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Rally was real in April, Can May be as good?


April was a very good month for small stocks -- and most all stocks.3662033.thl.jpg

The Russell 20000 index, which measures the performance of smaller public companies, closed up 15.3 percent for the month.
That beat the Dow by a long shot. The Dow gained only 8.78 percent for the month.

And it was the second-best performance for the Russell 2000 in 30 years. The best: A 16.5 percent one-month gain back in 1979.

Wall Street's rally last month touched just about everything. The Wilshire 5000 Total Stock Market index reported a 10.5 percent rise, its best month since 1991.

Didn't realize it, did you? The bad economic news persisted, but the market was so over it.

Categories: Wall Street (26)
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About the author
You've got the job of managing your money. No one in school taught you how. But you and I, we can teach each other, how to handle it, how to save for retirement, how to make money last, how to educate the kids, how to make a budget work. The conversations I have with my readers are fun. Money's important, but discussing it does not have to be boring.

Harriet Johnson Brackey Harriet Johnson Brackey, the personal finance columnist for the Sun Sentinel, is an award-winning business reporter. Her columns for 2008 were named "The Best in the Business," a national award chosen by her colleagues at the Society of American Business Editors and Writers.

Brackey has worked at Business Week magazine and at USA TODAY, where she was a founder and part of the original staff of the Money section at the country's first national newspaper. After nearly 11 years there - spent covering the 1980s bull market, the insider trading scandals, the 1987 crash - Brackey left Washington, D.C., and came to The Miami Herald. She spent the next decade writing a column about personal finance that chronicled the stock market's Internet boom and bust, as well as the popular Money Makeover features.

Brackey also has done commentaries for Marketplace Money, which airs on National Public Radio and The Nightly Business Report which is broadcast on more than 250 PBS television stations nationwide. She also has been a radio guest on WLRN’s Miami Herald News.
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