NORTHSTAR: Weekly Market Review

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Weekly Market Review
May 11, 2012

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	weekly change	level	description
NorthStar StockCompass	+0.5%	54.11
S&P 500 with Dividends	–1.1%	1353.39	large cap stocks
Russell 2000	–0.2%	790.06	small cap stocks
Dow Jones Wilshire 5000	–1.2%	14168.70	“total market”
Dow Jones Industrial Average	–1.7%	12820.60	blue-chip stocks
NYSE Composite	–1.5%	7815.88	NYSE
NASDAQ Composite	–0.8%	2933.82	NASDAQ
MSCI EAFE	–2.1%	51.16	internationals
Barclays Capital Bond Index	+0.1%	110.79	bonds

Major political upheaval in France and Greece over the weekend failed to have much of an impact on the markets on Monday, as initial trepidation in the morning faded, and the major indexes finished near the unchanged mark. On Tuesday, the Dow lost ground for the fifth straight session on concerns over the fallout from the recent Greek elections. The slide continued on Wednesday, with Spanish stocks falling to to their lowest levels since 2003 as Eurozone unrest continues. On Thursday the Dow finally managed a gain after six consecutive losses, although the gain was quite modest, following a mildly encouraging US labor report. Stocks finished the week on Friday down once again after J.P. Morgan announced a $2 billion loss that temporarily roiled banking stocks.

This was the worst week for the Dow since December 2011. Still, NorthStar managed a small gain to outperform both the Dow and its benchmarks. For the week, the NorthStar portfolio gained 0.5%, while the S&P 500 (-1.2%) and the Russell 2000 (-0.2%) registered losses.

These weekly updates are meant to highlight recent developments in the financial markets and to provide a snapshot of short-term performance. However, NorthStar focuses on the long-term view through our disciplined and consistent investment approach which emphasizes risk management and fundamental research.


	The material provided here is for general informational purposes only. This information is not intended as investment advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security, or fund. For full details refer to our Customer Agreement.

Weekly Market ReviewMay 11, 2012

Weekly Market Review
May 11, 2012