None of the analytics rank watchers have yet to go off in any meaningful way. Most assume the the first algo update of the year is to correct issues with the last update. Going all the way back to the Florida, Google often has a way of messing with the algo late in the year and correcting it in the spring. Some have speculated that the fall updates are intended to drive PPC traffic around Christmas shopping and January/Feb updates roll that back to fix results.
Source: SEO Chat
Link: Update Picard – Google Main Algo Update
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