Chart of the Day The Dow made another record high today. So how does the current stock market rally rank? To answer this question and to provide some perspective, 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 (1010 trading days) but slightly weak in magnitude (64%). Stay tuned...
Notes: - Does the rally continue or is the party over? Find out now with the exclusive & highly regarded charts of Chart of the Day Plus. - The Dow Jones Industrial Average was not adjusted for inflation or dividends. - There are 252 trading days in a year (100 trading days equal about 4.8 calendar months). - A major stock market rally has been defined as a 30% or greater increase in the Dow (following a correction of 15% or more).
Source - Dow Jones
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Quote of the Day "One accurate measurement is worth a thousand expert opinions." - Grace Murray Hopper
Events of the Day
October 24, 2006 - United Nations Day
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