June 23, 2010 — Small Changes, Again

Both the NASDAQ and the S&P500 fell for the third successive session, whereas the DJIA –after its two day decline-  made it into the plus column, but by just  .04 percent. Accordingly, today’s pattern is -3/0 for the NASDAQ and the S&P500; it is +1/-2 for the DJIA.Only 17 previous sessions have this combination, 6 of which happened since January 2000.  Changes on the following day are distributed equally between advances and declines for the DJIA and the S&P500. However the NASDAQ’s record reveals 12 gains compared to just 5 declines. Yet the number of up and down dates since 2000 is tied at plus three and down three.    

DJIA                       .04   percentNASDAQ             -.33   percent

S&P500                -.26    percent

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