September 27, 2012 Finally, A Plus Day

 

The S&P500 moved higher for the first time in six days – both the DJIA and the NASDAQ joined the plus column, after four and three losses.

 

 

 

 

These three averages have shared a plus turn-around 503 times in this century, or on average one of every six trading days.

 

 

 

 

On the following day in the past, the S&P500 continued higher less than one out of two days, or only 49.5 percent of the time. The DJIA scored a following day gain 49.7 percent of the time, while the NASDAQ positive ratio was no more than 46.1 percent.

 

 

 

 

DJIA                                                          .54 percent

NASDAQ                                                1.39 percent

S&P500                                                      .96 percent

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