The Bull Market Turns One

This is going to be a big week for market anniversaries.
Tomorrow is the first anniversary of the bull market. The S&P 500 closed March 9, 2009 at 676.53. That was a Monday. During the day on the previous Friday, March 6, the index got to its spooky intra-day low of 666.79.
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The day after tomorrow is the seventh anniversary of the 2003 market low. On March 11, 2003, the S&P 500 closed at 800.73. The intra-day low came the follow day at 788.90.
This month will also market the tenth anniversary of the bull market high of 2000. The S&P 500 reached its closing peak of 1527.46 on March 24. However, the index that everyone was watching back then was the Nasdaq which marked its closing high of 5,048.62 ten years ago this Wednesday.
We’re still than half of where we were.

Posted by on March 8th, 2010 at 10:22 am


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