Market opened at yesterday’s high and trended up nicely until the Chrysler’s bankruptcy news broke out. A sell-off ensued that took price to yesterday’s close. The rest of the day price oscillated around that level. Volume was a bit above average.
Initial jobless claims was a bit lower than expected but the number of people staying [...]

General move today was very similar to yesterday’s but around 10 point higher and without so much choppiness. A new high since mid January was printed at 882.06 but the close was at 873.64. Volume was average
Q1 GDP was worst than expected but the market data-mined a need to rebuild inventories out of the data [...]

Market gaped lower but quickly recovered to yesterday’s close. The rest of the day was a choppy indecisive action around 858. Volume was low.
Government may require C and BAC to raise more capital. April’s CCI number was surprisingly positive. IBM increases dividend by 10 percent and prepares for a stock buyback.

Choppy start of the trading session close to yesterdays’ lows which followed with a classic close of the gap move. After that the steam run out for the bulls and price took a dive again. The last two hours of trading were very choppy and the day closed almost flat from the opening. Volume was [...]

Market gaped higher and trended up until a heavy sell-off on heavy volume begining at 1:20 took price to the opening levels. The ticker then rallied to just above the 870 resistance on less volume than the fall. In the last minutes of the trading day a large profit taking sell-off took place. The close [...]