Eight Alternating Days in a Row

Over the last eight days, the S&P 500 has closed up, down, up, down, up, down, up and down.

The up-down streak is actually more impressive than it sounds because the day before it started we had a rare unchanged day. Prior to that, we had a four-day alternating streak.

What this boils down to is that the first two trading days of the year were up. Since then, the market has failed to repeat the direction of the previous day.

Posted by on January 24th, 2017 at 9:11 am


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.