The DJIA closed higher for the third straight session whereas the NASDAQ and the S&P500 experienced their first decline since December 16, some 6 trading days ago. However these changes are quite small: the NASDAQ lost -.08 percent, the S&P500 fell -.16 percent whereas the DJIA uptick was limited to .12 percent.
More notable than the continuity of slight daily changes is the ongoing run of patterns rarely experienced before. Todays combination of minus 1 for the NASDAQ and the S&P500 with the DJIA at plus 3 has occurred only 6 previous times in the past 11 years: moreover, the last happening goes back to 2007, with three others in 2000.
Very few closes over the last several weeks experienced the more common patterns, the combinations with more than ten repeats since 2000, almost 2,800 sessions ago!
Expectations for Monday, the first trading day after the weekends holiday, based upon the record of the last ten years are strongly positive. Gains outnumbered losses by a wide margin: 8 increases with only 2 declines on the day following Christmas.
DJIA .12 percent
NASDAQ -.08 percent
S&P500 -.16 percent