Market Returns Various Indices

Chart from 24/7 Wall Street from The Chart Store showing how far major indices fell, how far they've come back and how far we still are off of our 2007 highs. 

They note that the DJIA is up 70% over the last year and the NASDAQ has almost doubled. But, most market indices are still down 15% to 25% from their late 2007 highs. Some traders speculate that the market has run too far, too fast.  If employment starts to pick up, housing improves, and corporate earnings continue to rocket in the second quarter, the precedents set by 2007 tops could disappear as the market breaks through them.

Link:  Index Returns

*Long ETFs related to the Nasdaq in client and personal accounts.  Long ETFs related to the Dow Jones Industrials, S&P 500, and certain small and midcap ETFs in client accounts.