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Re: ReturntoSender post# 6755

Wednesday, 07/24/2013 1:22:30 PM

Wednesday, July 24, 2013 1:22:30 PM

Post# of 12809
Chart of the Day - COTD - How far this rally has come:

http://www.chartoftheday.com/20130724.htm?T

For some perspective on the post-financial crisis rally, today's chart illustrates how much of the downturn that occurred as a result of the financial crisis has been retraced by each of the five major US stock market indexes. For example, the S&P 500 peaked at 1,565.15 back in October 9, 2007 and troughed at 676.53 back on March 9, 2009. The most recent close for the S&P 500 is 1,692.39 -- it has retraced 114.3% of its financial crisis bear market decline. As today's chart illustrates, each of these five major stock market indices has recouped all losses incurred during the financial crisis (i.e. all are above 100% on today's chart). However, it has been the often overlooked S&P 400 (mid-cap stocks) that has been the star performer. The S&P 400 has recouped over 160% of its financial crisis decline -- a very impressive performance.


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