The week opened with the market moving higher after giving up more than one percent in the previous session. Nevertheless, the size of today’s gains occur more frequently during bear markets. The diagram shows that the proportion of closes with changes this large account for about 13 percent of all days during the last two bear markets. The frequency during bull markets ranges between five and eight percent.
As for the following day, losses out number gains in bear as well as bull markets, with prices moving higher only one of every three days.
DJIA .71 percent
NASDAQ 1.69 percent
S&P500 1.08 percent
