All or Nothing Days

If you've been thinking that the market has been a bit tempermental lately, you are not mistaken.  Since reclassifying the groups in the index in late 2001, the market has never been this hot and cold.  In the chart below, we calculated all of the days where all of the industry groups in the index were either up or down (all or nothing).  Through yesterday, 15 of the last 50 days (30%) were all or nothing (8 days where each group was up and 7 days where each group was down).