by Calculated Risk on 1/20/2011 05:15:00 PM
Thursday, January 20, 2011
Market Update
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.
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