Created new site devoted to The Bubble Index.
DJIA – June 10, 2013
S&P 500 – June 10, 2013
Code now runs daily data. Here are the daily data results for the S&P 500 and the Dow Jones Industrial Average.
DJIA – June 4, 2013
There does not appear to be a bubble at this time. It is striking how good this index works. The red vertical lines are the largest single day % declines in the history of the respective index. Link
S&P 500 – June 4, 2013