The point gain in the SP futures was equal to the point gain in the DJIA.
End of quarter coming. We'll probably go down at least once before they start the end of quarter tape painting, assuming nothing else happens.
“Some economists, when thinking about long memory, are concerned that it undercuts the Efficient Market Hypothesis that prices fully reflect all relevant information; that the random walk is the best metaphor to describe such markets; and that you cannot beat such an unpredictable market. Well, the Efficient Market Hypothesis is no more than that, a hypothesis. Many a grand theory has died under the onslaught of real data.” Benoît B. Mandelbrot