For some further perspective on the current state of the stock market, today’s chart presents the long-term trend of the S&P 400 (mid-cap stocks). As the chart illustrates, the S&P 400 rallied from late 2002 into the mid-2007 and then gave most of that back during the financial crisis. However, the S&P 400 rebounded well by recouping all losses incurred during the financial crisis and making new record highs in a mere two years. Over the past couple of years, the S&P 400 has continued to trend strongly to the upside. In fact, the S&P 400 has gained over 230% since its financial crisis lows and remains well within the confines of a steep upward sloping trend channel.
Quote of the Day
“Happiness is a direction, not a place.” – Sydney J. Harris
Events of the Day
April 01, 2014 – April Fool’s Day
April 07, 2014 – NCAA men’s basketball championship
April 08, 2014 – NCAA women’s basketball championship
Stocks of the Day
— Find out which stocks investors are focused on with the most active stocks today.
— Which stocks are making big money? Find out with the biggest stock gainers today.
— What are the largest companies? Find out with the largest companies by market cap.
— Which stocks are the biggest dividend payers? Find out with the highest dividend paying stocks.
— You can also quickly review the performance, dividend yield and market capitalization for each of the Dow Jones Industrial Average Companies as well as for each of the S&P 500 Companies.
Where should you invest? The answer may surprise you. Find out right now with the exclusive & Barron’s recommended charts of Chart of the Day Plus.