On the heels of the announcement from the Federal Reserve stocks spent the early part of today's session posting mild gains. Once the Federal Reserve announced they were leaving rates alone, would continue with QE2 through June, and hinted of a possible QE3 stocks accelerated their gains with the major indexes (DJIA, S&P 500, and Nasdaq Composite) finishing up between 0.6% and 0.8%.

The major indexes finished mixed today with the DJIA (DIA) and S&P (SPY) down slightly and the Nasdaq Composite (QQQQ) up a small amount. Investor participation was extremely slow in fact the slowest session in 2011 so far. The Federal Reserve will be meeting this week to discuss the economy and the status on QE2 and interest rates.

The stock market buoyant higher today on economic and earnings news that investors interpreted as positive. However, most of the day's gains occurred at the market open. The DJIA and S&P 500 rose at least 1.4% with the Nasdaq Composite rising 2.1% with strong participation from investors. Market breadth confirmed the strong action as 4.9 stocks rose for every one that declined on the NYSE.

The market indexes (DJIA, S&P 500, Nasdaq Composite) all dropped in today's session 1.1%. However, the market was able to cut their intra-day losses a significant amount. Some of the intra-day losses ranged between 1.9% and 2.1%. Market breadth was materially negative and investor participation confirmed the selling pressure today was significant.