Another advance for the S&P500 extends its string to six gains in a row. Rare fails to do justice to this unusual string: there exist only 12 other days, of the 3224 trading days, since the beginning of this century.
Further, looking at tomorrow, the S&P500 moved up seven days in a row only eight times in the past 13 years. The diagram shows seven of these took place during the 2003/2007 bull market, while another happened just as the market turned down in 2000.
The DJIA also closed higher today, extending its string to four advances in a row, while the NASDAQ scored its second straight gain. This, together with the S&P500s sixth increase, yields a pattern seen on just three other days since 1950, with the last occurrence in September 1995.
DJIA .49 percent
NASDAQ .33 percent
S&P500 .13 percent
