February 14, 2012 Minute Changes Yield Mixed Signal
Valentines Day closed with a -.09 decline of the S&P500 and even smaller gains for the DJIA and the NASDAQ; clearly an unusual pattern, occurring on a mere five days in this century. Indeed, todays is the first repeat since August 2007.
Further, these came not only as prices approached a significant drop, but also just before the market started a major recovery.
The following days had four gains and just one decline.
DJIA .03 percent
NASDAQ .02 percent
S&P500 -.09 percent