Order, Chaos & Bubbles In The S&P 500

The S&P 500 had something of a volatile day on 5 April 2017, gapping up by 7.52 points to open higher than the previous day's close of 2,360.16, then going on to peak at the day's high of 2,378.36 around 10:23 AM EDT, after which it hovered within a 5-point wide range below that level until 2:00 PM. And then, the Fed released the anxiously awaited copy of the minutes to their March 2017 meeting of its Federal Open Market Committee (FOMC) meeting. After that, U.S. stock prices began nosing over before diving by more than 27 points to hit the day's low value of 2,350.52 at 3:34 PM EDT, before bouncing around and closing the day at 2,352.95.