USMarketView

April 24, 2008

The NASDAQ just missed scoring another full percentage point gain today, closing up .99 percent. Nevertheless, it, as well as the DJIA and the S&P500 moved higher today; so all three indices have now increased two days in a row.

Since the start of this year, 78 trading days ago, the DJIA has posted ten other such closes: gains on two trading days in a row. The next, or third, day however, registered falling prices on seven occasions. That is, there were just three incidents on which the DJIA posted a further gain.

The S&p500 and the NASDAQ, had only nine strings of two successive gains. But the S&P500 scored a third positive day five times, in 2008, whereas the NASDAQ moved higher only three times in the following session.

DJIA .67 percent

NASDAQ .99 percent

S&P500 .64 percent

Note: For the purpose of having the name define the mission more accurately, this blog has changed its name to USMarketView.com.

This entry was posted on Thursday, April 24th, 2008 at 12 042008000000Thu, 24 Apr 2008 16:28:31 +0000 and is filed under Market Report. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.