Quietest Days of Stock Indexes by David Merkel, CFA of the Aleph Blog.

There was one time when I was writing for RealMoney when none of the three main indexes (S&P 500 (INDEXSP:.INX), Dow Jones Industrial Average (INDEXDJX:.DJI), NASDAQ Composite (INDEXNASDAQ:.IXIC)) moved much on a given day, and so posted on it to show how rare it was.  One fellow e-mailed me be saying, “You have too much  time on your hands.”

Maybe so, but on 6/10/2014, it was even more quiet.  It was the 11th most quiescent day for the indexes since the NASDAQ Composite (INDEXNASDAQ:.IXIC) was created in February 1971.  Here’s a list of quietest days:

DateLeast VolatileNasdaqS&P500DJIA
11/12/20121-0.021%0.013%-0.002%
12/27/197720.019%0.000%-0.020%
8/20/20123-0.012%-0.002%-0.027%
6/14/19894-0.022%-0.025%-0.004%
12/2/201150.028%-0.024%-0.005%
8/26/200960.010%0.012%0.044%
10/11/201070.017%0.015%0.035%
3/16/199380.037%-0.013%0.016%
5/31/197990.023%-0.030%0.021%
11/2/1984100.000%-0.042%-0.035%
6/10/2014110.041%-0.025%0.017%

There’s no rhyme or reason to this list.  Quiet days are unique, and as far as this list goes, are a once in four years occurrence.  Still, it’s fun to think about quiet days, and wonder why we have trading at all.  We may as well have had a vacation day.