The S&P 500 opened above yesterday's close and climbed for the last few hours, ending the day at another all-time high. Today's close saw a weekly gain of 0.63% and a year-to-date gain of 7.17%.
The U.S. Treasury puts the closing yield on the 10-Year note at 2.36%.
Here is a daily chart of the S&P 500. Today's selling puts the volume 39% below its 50-day moving average.
A Perspective on Drawdowns
Here's a snapshot of record highs and selloffs since the 2009 trough.
Here is a more conventional log-scale chart with drawdowns highlighted.
Here is a linear scale version of the same chart with the 50- and 200-day moving averages.
A Perspective on Volatility
For a sense of the correlation between the closing price and intraday volatility, the chart below overlays the S&P 500 since 2007 with the intraday price range. We've also included a 20-day moving average to help identify trends in volatility.
