June 6, 2013 Prices Up After Two Losses

 

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The S&P500 scored its largest gain since May 17, 13 trading days ago, as it posted the first gain in three days.  This performance beat the NASDAQ and the DJIA, which also moved higher after two losing days, but their gains restored them to levels of only seven and three days earlier.

The outlook for tomorrow is mixed.  First, because the unemployment rate comes out on the first Friday of the month.  Second, because the record shows the number of gains just about equal to the number of losses after these averages move higher after two losing days in a row.

 

DJIA               .53 percent

NASDAQ        .66 percent

S&P500          .85 percent

 

 

c max moszer

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