The S&P 500 is currently on pace for its first all or nothing day since August 3rd. We consider all or nothing days in the market to be days where the net daily A/D reading in the S&P 500 exceeds plus or minus 400. Including today, the S&P 500 has now had 20 all or nothing days in 2012. At the current rate, the index is on pace for 36 all or nothing days for the entire year, which would be the lowest number seen since 2007. Even with today's relatively big move, this month has been vastly different from last August where 12 of the 23 trading days were all or nothing.
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