by Calculated Risk on 7/15/2009 04:00:00 PM
Wednesday, July 15, 2009
Stock Market Update
By popular demand ... the S&P 500 was up almost 3% today. The NASDAQ was up 3.5%.
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 38% from the bottom (256 points), and still off 40% from the peak (632 points below the max).
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.