Consecutive Down Days

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

From Ticker Sense

This morning we posted that Novell (NOVL) was up five days in a row going into today, and how it has historically gone down on the sixth day.  Well, today it was down a whopping penny!  Reversing the streak analysis, we looked at S&P 500 stocks that have now been down the most consecutive days.  Two semiconductor companies top our list: NSM and TXN.  NSM has been down six days in a row and is 0 for 3 in the last four years on the seventh day (meaning it has gone down for a 7th day all three times it has been down six days in a row).  TXN is now down five days in a row, and as history has shown, it has gone down the sixth day 80% of the time in the past four years.

Consdowndays

http://www.tickersense.typepad.com/

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

TSN Vol: 6,245,254
MU Vol: 46,043,572
COIN Vol: 11,243,434
EBAY Vol: 20,481,127
ORCL Vol: 33,503,047

Top Losing Stocks

UPS Vol: 18,538,717
FDX Vol: 5,025,350
CHRW Vol: 5,267,326
NCLH Vol: 58,862,012
ODFL Vol: 3,460,383