S&P 500 opened on a gap higher and touched the R1 line within 20 minutes from the start of the trading day. From there a quick sell-off to the Pivot Point lasting 40 minutes and then the ticker settled in an upward trend for the rest of the day closing at 929.23. Volume was high.
anks [...]

Market opened with a profit-taking closing the gap move followed by an uptrend that took the ticker to new highs. The closing price was at the resistance level at 919.53. Volume was high.
eports on improvement job data and the leaked stress test results took market to new highs. The KBW Bank index rose 11.5 percent

Market opened at R1 and rallied to R3 within the first 45 minutes. The rest of the day was a waiting game to see if bears either took control of the market or bailed out of positions. In the end price slightly trended up and panic covering took place in the last 10 minutes. Volume [...]

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.

Big gap down and a relentless sell-off from start to finish. Unexpected? Direction – No. Magnitude – Maybe. VIX rose 15.44%. Volume was high
BAC with CEO Ken Lewis at the helm can’t do anything right. Now we find they cannot even cook the books properly. Go figures.
Credit environment is getting worse and U.S. government officials [...]