For some perspective on a key US stock market index, today’s chart illustrates the overall trend of the Nasdaq Composite since 2000.
As today’s chart illustrates, the post-financial crisis rally (which began in early 2009) has been significant enough to have the Nasdaq surge well past its credit bubble highs of late 2007.
In addition, the latest leg of the post-financial crisis rally has the Nasdaq at levels not seen since the tail end of the dot-com bubble.
In fact, as today’s chart illustrates, the Nasdaq continues to trade within its tightly confined yet steep three-year uptrend channel and is currently less than 1% away from all-time record highs.
via: Chart of the Day