67-Month High

The S&P 500 just broke 1,330 for the first time since February 2001. Interestingly, the Wilshire 5000 just broke 13,300. The two index values are almost perfectly aligned at 10-to-1. By market value, the S&P 500 makes up about 73% of the Wilshire 5000.
Here’s a graph of the Wilshire to S&P ratio since 2001:

You can see how the small-cap rally has altered the ratio.

Posted by Eddy Elfenbein on September 26th, 2006 at 11:44 am

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