Like any year, 2014 has seen its share of ups and downs in the market (more ups than downs, actually), so I thought it’d be interesting to compare the up and down days for the S&P 500 so far in 2014.
If anything, it’s a different way to see price and study the character of the market.
Let’s start with a special look at just the up-days that have taken place so far in 2014:
While there’s dozens of methods to view charts, you’ve likely never seen a “up-day only” chart!
Nevertheless, we can look at the frequency (number of up-days in a row) and size of the up-days in 2014.
Specifically, there have been 115 up-days so far in 2014 (out of 203 days), which means that 57% of days in 2014 have been positive.
Taken together, the Average of all up-days in 2014 is 9.3 points in the S&P 500 with a Standard Deviation of 7.40. Continue Reading…