A gap down at the opening that was quickly closed to the previous day’s close followed by a bit of flagging and another sudden leg up followed by more flagging into the close. Volume was dismal.
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The market responded favourably to a surprising drop in crude oil stockpiles that might suggest an improving demand outlook.

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.

Tight trade range just below yesterday’s close until the resume of the rally around 2 pm. Volume was below average.
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Better-than-expected results by a bunch of companies and particularly by JPMorgan Chase & Co (JPM) set the mood of the market.

Market gaped above the R2 line and posted a broad based rally. Volume rose to average.
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Manufacturing data suggested that the rates of manufacturing decline are slowing decisively and that the recession is abating. This coupled with Intel (INTC) reporting earnings that handily beat forecasts on better-than-expected consumer demand for personal computers was the [...]

Broadly based rally  as  Meredith Whitney upgraded of Goldman Sachs (GS). Volume was below average.
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