The Dow is near 10,000 again and the S&P is over 1,000.
As this snappy chart shows, market values have been down, and now they're nearly back. (Note: the y-axis starts at 6,450 to show an exaggerated view of the drop and recovery over the past year.)
People are feeling better, and there's this (via Bloomberg)…
The Dow is near 10,000 again and the S&P is over 1,000.
As this snappy chart shows, market values have been down, and now they're nearly back.
(Note: the y-axis starts at 6,450 to show an exaggerated view of the drop and recovery over the past year.)People are feeling better, and there's this
(via Bloomberg) possibly great news:A Japanese charting technique flagged the first buy signal for the U.S. equity market in six years last week, a sign that the steepest rally since the 1930s may last, Dolmen Stockbrokers said. The Standard & Poor’s 500 Index rose above the top of the so-called Ichimoku Cloud, according to the weekly Ichimoku chart, which analyzes historical highs and lows. The last time this occurred, the benchmark surged 62 percent from June 2003 to a peak of 1,565.15 in October 2007.
Wow, could we be on the verge of another 62% jump?
No one's really saying that, but to some, this doesn't feel like the end of a rally, but perhaps the beginning.
Is there a bubble somewhere we should all know about?
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