The market finally moved higher, following the DJIA’s five successive losses, and two straight down days for the NASDAQ and the NASDAQ. The bright outlook continues even though the Crimean vote and Putin’s acceptance leaves the political/international business climate in a precarious state.
Today’s diagram updates recent profiles comparing this bull market with the previous two, in 2000 and 2007. It uses the recent S&P500, March 7 high as the zero baseline of the current expansion.
These profiles look quite similar, with declines some twenty days before the previous two expansions.
DJIA 1.11 percent
NASDAQ .81 percent
S&P500 .96 percent
