Tuesday, June 16, 2009

Stock Market Update

by Bill McBride on 6/16/2009 04:00:00 PM

By popular demand ...

S&P 500 Click on graph for larger image in new window.

The first graph shows the S&P 500 since 1990.

The dashed line is the closing price today.

The S&P 500 is up almost 35% from the bottom (235 points), and still off almost 42% from the peak (653 points below the max).

Stock Market Crashes The second graph is from Doug Short of dshort.com (financial planner): "Four Bad Bears".

Note that the Great Depression crash is based on the DOW; the three others are for the S&P 500.