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Last Call: Google Announces Stock Split, Wall Street Goes Bananas
12 Apr 2012 EDT - CNBC.com
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Banana split for my babyA glass of plain water for me.Banana split for my babyA glass of plain water for me.Dispenser Man, if you please

-“Banana Split for My Baby” - Louis Prima

Below, Google announces a stock split and Wall Street goes bananas.

Market Musings (Robert Hum)

  • Best day for Dow in 1 month
  • Best day for S&P 500, Nasdaq since March 26
  • Broadest rally of the year: highest number of advancing stocks since December 20
  • Best 2-day rally for Dow, S&P 500 this year
  • A Black CAT on Friday the 13th?

    Since April 1987 (the first available price quotes for Caterpillar ), we’ve typically seen a Black CAT on Friday the 13th. Caterpillar has been “in the black” on Friday the 13th, rising on average 0.30%. Number of Friday the 13ths since April 1987 — 39 occurrences:

    Black CAT: Caterpillar up on Friday the 13th — 21 times (54% of the time)

    Red CAT: Caterpillar down on Friday the 13th — 14 times (36% of the time)

    White CAT: Caterpillar “unchanged” on Friday the 13th — 4 times (10% of the time), note the number is probably high because of past stock splits.

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