January 3, 2012 Strong Start Does Not Signal Strong Year

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          January 3, 2012                 Strong Start Does Not Signal Strong Year

 

The good news is that the first day of 2012 trading ended significantly  positive,   yet the conclusion that this year will be a great year does not follow! The diagram illustrates this sobering news. Indeed the scatter implies the very opposite: the larger annual gains in the S&P500’s value pair with declines on the year’s first trading day.

Today’s S&P500 change of 1.55 percent is located arbitrarily at the zero percent annual gain level. Hopefully, we bulls expect it to move to the right as the year progresses.

We’ll highlight more history and analysis of year start and end data every day of this first 2012 trading week.

  

DJIA             .90 percent

NASDAQ    1.67 percent

S&P500       1.55 percent

 

This entry was posted on Wednesday, January 4th, 2012 at 12 042012000000Wed, 04 Jan 2012 16:19:13 +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.

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