S&P 500 Index (Ticker SPY) Five Year Chart (Click Chart to Enlarge)
The S&P 500 Index, the broad barometer for the US stock market and benchmark for millions of investors worldwide finally pushed through a record high today.
The previous record high was back in early October 2007 at 1,565.15. However the market is still about 12 points away from it’s intraday high of 1,576.09 also achieved in 2007.
Since the devilish intraday low of 666.79 on the S&P 500 Index in March 2009, the index has risen over 130%!
Our models are signaling caution. View sample quantitative analysis at http://search.sialpha.com or order a real-time analysis.
Wishing all of our readers a Happy Easter long weekend.
We look forward to sharing some exciting news on Monday.