January 22, 2011 Biggest Gain in Month


 

All three indices moved forward with strength, with the DJIA and the NASDAQ scoring the highest advance since December 2. This is the second plus day in a row for the DJIA and the S&P500; since the NASDAQ was a loser on Friday, it is a first plus for the NASDAQ.

Today’s pattern is the 22nd repeat since January 2000. In the past, the following day showed mixed results. The NASDAQ posted 12 gains and 9 losses, and the S&P500 moved higher on 11 days; the DJIA, however, had more losses than gains, advancing only 8 days and falling on 13.

 


DJIA                    .92  percent

NASDAQ          1.04  percent

S&P500                .58  percent

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