It was another overall lower volume session as the NYSE, for the 32nd day in-a-row, came in with volume below the 50 day volume average once again. However, underneath the bullish mini-reversal that sent the Nasdaq from a .8% loss to a .8% gain, there was a TON of bullish action in stocks in a wide range of industries.

The stock market continued its losses on Tuesday after Fannie Mae, D.R. Horton Inc. and Swiss bank UBS reported quarterly losses. We also recorded a new record for crude oil, $121.49.

It was another overall boring session to end the week but despite the overall boring tone to Friday’s session it was still a bullish session underneath as many stocks had solid sessions and many stocks that I was long had a very positive session. This kind of action on a do nothing day is just what I like to see in a market that refuses to do much.

Another crappy day in the market as General Electric stoked concern about the health of corporate profits and the wider economy. The major indexes were at times down more than 1 percent.

U.S. stocks headed for a strong opening Friday as investors appeared relieved that Wall Street had managed to show back-to-back rallies after mostly upbeat news.

Wall Street pulled off a stunning comeback Wednesday, surging higher in late trading and wiping out what looked to be yet another precipitous decline. The Dow Jones industrials, down more than 323 points in earlier trading, ended the day with an advance of just under 300 points, according to preliminary calculations.

The Dow Jones Industrial Average is on another spiral downwards, testing 12,500.

Hiring practically stalled in December, driving the nation's unemployment rate up to a two-year high of 5 percent and fanning fears of a recession.