Thursday, January 20, 2011

Market Update

by Bill McBride on 1/20/2011 05:15:00 PM

I haven't posted this graph in some time ...

From Doug Short: Current Market Snapshot: S&P 500 Closes Down But Well off the Intraday Low

The S&P 500 closed the day down 0.13%. The index is 89.2% above the March 9 2009 closing low, which puts it 18.2% below the nominal all-time high of October 2007.
Stock Market

Earlier on Existing Home sales:
December Existing Home Sales: 5.28 million SAAR, 8.1 months of supply
Existing Home Inventory increases 8.4% Year-over-Year in December