Wednesday, February 16, 2011

SP500: 100% Since 3/8/09

SP500 up 100%On March 8th, 2009, the SP500 was at 666. Then, a bull market started.

We are up double that now. (Aren't bull markets fun?)

The reason for today's rally was Dell earnings (seriously) and mergers. Sanofi-Avantis is buying Genzyme.

This is the first time folks have been excited by Dude You're Getting a Dell in a long time. More on that in an upcoming Audioboo.

Yes, there may be some Israel and Iran tensions in the background, but nothing is messing up this trend for now.