USMarketView

December 5, 2012         A Mixed Day

 

 

The NASDAQ off for the fourth straight day, a close seen only 89 earlier times in this century’s more than 3,000 trading days. These previous four day losing strings continued on to a fifth decline near half the time. The following day saw 43 declines and 46 gains. Further, only during the current expansion –since March 2009- has the following day seen more increases than declines.

 

However, today’s loss of just -.77 percent is substantially smaller than the -2.15 percent average loss of the NASDAQ when it declined four days in a row.

 

The DJIA and the S&P500 moved up after two previous losses in a row.

 

 

DJIA                                      .64 percent

NASDAQ                              -.77 percent

S&P500                                 .16 percent         

This entry was posted on Thursday, December 6th, 2012 at 12 012012000000Thu, 06 Dec 2012 13:48:12 +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.