Following the financial crisis trough of March 9, 2009, the stock market embarked on a relatively sharp rally. Today's chart focuses on one particular stock market index -- the S&P 400 (Mid-Cap stocks).
The reason for the focus is that the S&P 400 achieved a significant milestone last week when it made a new, all-time record high.
Considering the magnitude of the financial crisis and resulting bear market, this is indeed a significant achievement.
Chart & Commentary Courtesy of Chart of the Day
No comments:
Post a Comment