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The Dow continues to make new rally highs. To provide some perspective to the current Dow rally that began just over one year ago, all major market rallies of the last 110 years are plotted on today's chart. Each dot represents a major stock market rally as measured by the Dow. As today's chart illustrates, the Dow has begun a major rally 27 times over the past 110 years which equates to an average of one rally every four years. Also, most major rallies (73%) resulted in a gain of between 30% and 150% and lasted between 200 and 800 trading days -- highlighted in today's chart with a light blue shaded box. As it stands right now, the current Dow rally (hollow blue dot labeled you are here) has entered the low range of a "typical" rally and would currently be classified as both short in duration and below average in magnitude.
Notes: - Where's the Dow headed? The answer may surprise you. Find out right now with the exclusive & Barron's recommended charts of Chart of the Day Plus.
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Quote of the Day "Ride the horse in the direction it's going." - Werner Erhard
Events of the Day
March 20, 2010 - First day of Spring (Northern Hemisphere) March 29, 2010 - Passover (1st day) April 01, 2010 - April Fool's Day
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