Forex Goodies

 

Stock Market Rallies
Source: ChartOfTheDay

16 February 2007: The S&P 500 continues to work its way higher and closed at new rally highs. So how does the current S&P 500 rally rank? To answer this question and to provide some perspective, all major S&P 500 rallies of the last 75 years are plotted on today's chart. With the S&P 500 up 87.5%, the current rally is the third longest in duration but slightly below average in magnitude.

29 Dec 2006: The Dow made another record high yesterday as it crossed the 12,500 level for the first time. To provide some perspective to the current Dow rally that began in 2002, all major market rallies of the last 106 years are plotted on today's chart. Each dot represents a major stock market rally as measured by the Dow. So what does this chart show? As it stands right now, the current Dow rally would be classified as long in duration (now the fourth longest since 1900) but below average in magnitude.