The market continues to chart new parameters as it unravels a continuing flow of unusual and infrequent daily patterns. That process diminishes our ability to model current price developments on the past.
Todays close of four straight DJIA advances combined with three up days for the NASDAQ and the S&P500 has just one precedent and that was at the beginning of 2001.
Obviously too far away, and not enough repeated days, to provide a semblance of a statistical comparison. So we step away, for today, reporting but not projecting.
DJIA .04 percent
NASDAQ .10 percent
S&P500 .41 percent