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Monday, December 28, 2009

Market Update

by Calculated Risk on 12/28/2009 03:55:00 PM

Since it has been a while ...

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 was first at this level in April 1998; over 11 1/2 years ago.

The S&P 500 is up 67% from the bottom (451 points), and still off 28% from the peak (438 points below the max).

Stock Market Crashes
The second graph is from Doug Short of (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.