Today was yet another day where the market did not do much but our longs crushed it. This time it was our recent solar stock purchases. This continues a very bullish pattern of where everything I buy continues to move higher. Once again, tonight there are four new longs and zero full sells. This has been a recurring theme and is a theme of any bullish market. Higher volume or not.

I don’t know what I can say about this market that has not already been said. I find it very difficult to BS about the market when there is nothing to BS about. But I will give it a shot.

So far things are looking good and unless we close at the LOD and wipe out all of the gains I will be very happy. My charts continue to look well as some of my largest positions (9 of them) are up HUGE today making today a great day after two days in the country/jungle. what a great way to start the week. The only thing I will be watching closely is the close and volume.

I was impressed by today’s stock market session, especially when it came to leading stocks, tech stocks, and even more specifically semiconductor stocks. It was amazing to get a rally in such high-tech group of stocks. What made today’s rally even better was that volume increased on the Nasdaq and was above the 50 day volume average for the fifth time in the past few weeks.

I see nice round bases everywhere in EVERY long scan and CANSLIM scan that I run. Stocks like our HA long from 3/27/08 is already up 60% and MA from 8/2/06 is up almost 500% since then and now we have a lot of pretty green BOP filled charts starting to round out and complete bases.

Today was not that bad, overall, minus a few stocks that were completely earnings related. However, the fact that volume did in fact pick up is still none-the-less technically a distribution day. Still with volume well below the 50 day volume average, it sure is hard to get too bearish over a day like this.

It was another great day overall for those that are long the stocks we are long (well at least until AH when one got a gnarly ride) as the market took its time drifting around today before a strong close that saw the market basically end where it started.

This means that if these bases all complete their right side, we are going to have a powerful market rally with or without volume. I am stunned by how many nice charts there are now AFTER JUST ONE bullish week where leading stocks outperformed the rest.

Does this describe you?

* You’d like to participate in any nice rally that comes our way over the next month;
* You’d like to avoid any and all downside risk in case the rally never comes and indexes stay flat or plunge;
* You’d like to get paid just for hanging around and waiting to see what happens.

Here’s a funky little way to do exactly those things.

A technical look at the recent rally in Apple's stock and some projected support and resistance points to be wary of as the stock ascends back towards its old highs. I also take some time to address recent events and upcoming events that could provide a catalyst or slow this stock's advance down.

There was nothing great or horrible about today. The only thing I can say is that the retards who told me to buy stocks at the open sure were wrong. I do not daytrade and anyone that was trading like this today has a lot of work to do to become a great trader/investor.

The financial sector led a furious stock-market rally Thursday, with banks and brokerages snapping back from a deep selloff a day earlier, while commodities prices continued a rapid retreat from record levels.

I think TraderMark is right on this one. It is "Quite an ugly day."

With all of the help that we have seen from the government through rate reductions, capital infusion, etc... the market can't maintain a rally. We had a 420 point jump in the Dow and over a 4% rally in the S&P500 and the next day we just fall flat on our faces.