The S&P 500 is now up 100% from its March 2020 lows. pic.twitter.com/3CGWpmqwNw — Michael Batnick (@michaelbatnick) July 12, 2021 Today’s Chart of the Day was shared by Michael Batnick (@michaelbatnick). Today marked a noteworthy milestone for the bulls. As Michael points out, the S&P 500 has officially doubled from the pandemic low on March 23rd, 2020. […]
Chart of the Day – Wednesday, March 11th, 2020
Today’s Chart of the Day was shared in a blog post titled Bear Market Rallies by Michael Batnick of Ritholtz Wealth Management. The chart shows the S&P 500 (in red) during the 2000-2002 bear market. On top, in black, are the bounces from the lows along the way down. The S&P 500 fell over 40% during this period! […]
Chart of the Day – Wednesday, January 8th, 2020
Today’s Chart of the Day is from a blog post by Michael Batnick (@michaelbatnick). It’s a chart of the S&P 500 (total return) since the low of the Great Financial Crisis in 2009. The chart illustrates the proverbial “wall of worry” that this secular bull market has climbed. Michael labeled over 30 different potential reasons […]
A Bullish Combination
Legendary analyst Paul Montgomery once said: “The most bullish thing the stock market can do is go up.” The S&P 500 printed a fresh all-time high today for the first time since July. Despite this bullish development, investors remain cautious. The combination of stocks breaking out and bearish sentiment could fuel the next leg of […]
Chart of the Day – Tuesday, September 24th, 2019
Today’s Chart of the Day was shared on Twitter by Michael Batnick (@michaelbatnick). The chart shows all the drawdowns in the Russell 2000 index since 2009. A lot of people suggest that this bull market is over a decade old and getting long in the tooth. Michael pokes a hole in that argument by showing […]