Chart of the Day
The Dow made another record high yesterday as it crossed the 13,000 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. Stay tuned...
- 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
"Few men of action have been able to make a graceful exit at the appropriate time." - Malcolm Muggeridge
Events of the Day
April 27, 2007 - Arbor Day
April 28, 2007 - NFL Draft begins (ends April 29th)
May 01, 2007 - May Day
May 05, 2007 - Cinco de Mayo (Mexico) - Kentucky Derby
May 08, 2007 - National Teacher Day
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