23/07/2009 New high on volume

Posted on Friday the 24th of July 2009 at 23:00 by LtPinback
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A bit of profit taking in the morning and the bulls resume their charge. Volume was dismal.
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23/07/2009 Break out rally

Posted on Thursday the 23rd of July 2009 at 23:09 by LtPinback
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A broad-based rally on new highs break-out. Volume was average.
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A broad-based rally on strong corporate profits and rebounding home sales.

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22/07/2009 Break out hopes end in a flat day

Posted on Wednesday the 22nd of July 2009 at 23:04 by LtPinback
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A nice uptrend in the morning, a nice reversal in the afternoon. Thus flat day.  Volume was below average.
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More earning reports. This time around they were a mix bag.

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21/07/2009 Round trip from R1 to S1 and back

Posted on Tuesday the 21st of July 2009 at 23:10 by LtPinback
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Symmetrical day around the 1:00 pm time stamp. Volume was below average.
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More positive earning reporting by a bunch of companies. Particularly Caterpillar Inc (CAT) and Merck & Co (MRK).

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20/07/2009 New highs

Posted on Monday the 20th of July 2009 at 23:14 by LtPinback

Almost a complete close-the-gap move in the first 80 minutes followed by a nice upward trend for the rest of the day. Volume was well below average.
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CIT Group Inc (CIT) reached a deal with bondholders for $3 billion in emergency financing and the index of leading economic indicators increased in June for the third straight [...]

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