April 26, 2012 Prices Continue Higher
The NASDAQ extended its winning streak to two, closing up .69 percent. While smaller than yesterday’s 2.30 percent jump, today’s increase ranks near the 2/3 mark of the 3,100 positive closes since the beginning of 2000.
The DJIA and the S&P500 also moved higher, extending their positive streaks to three days.
On the following day in the past, this pattern yielded more advances than declines, with a ratio of 4:3 in favor of higher prices.
DJIA .87 percent
NASDAQ .69 percent
S&P500 .67 percent