USMarketView

Yes prices achieved a robust gain, the first uptick in three days, yet they lagged the increases posted last Thursday.  Further, today’s levels of the DJIA and the S&P500 are below those, while the NASDAQ is just above last week’s.

Today’s pattern of  +1/-2/+1 is its 27^th repeat since 2000 and the 55^th overall. On the following day, prices continued their advance 18 times, falling on 9 days.  

Though the NASDAQ increased by 2.64 percent today, this gain merely ranks as the 206^th largest. On the other hand, the S&P500’s plus 2.58 percent is its 151^st in size. The DJIA increase of 2.25 percent comes in at position number 231.

 DJIA               2.25     percent 

NASDAQ       2.64      percent

S&P500           2.58     percent 

This entry was posted on Wednesday, June 2nd, 2010 at 12 112010000000Wed, 02 Jun 2010 23:15:35 +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.