New York — The S&P 500 hasn’t gained more than 2% in a single trading session this year observes trader Ryan Detrick on StockTwits. That’s a first for the 2000s. The trading range has been the tightest since 1928, Detrick observes:
Wow… First time since early 2000s -> “@RyanDetrick: Incredibly, the $SPX hasn’t had one +2% up day yet in ’15. $SPY”
— StockTwits (@StockTwits) May. 27 at 10:18 AM
“@RyanDetrick: So far in ’15 the $SPX has been in a 6.9% range from low to high. This is the tightest range going back to ’28. $SPY”
— StockTwits (@StockTwits) May. 27 at 09:14 AM
Photo by Thomas Hawk via Flickr.