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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.

Stocks rose today without strong investor participation. Market breadth was better than Monday's session. However, the fire power from institutional investors was lacking in Tuesday's session. This might have been due to Passover as many market participants were off for the holiday.

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.

Stocks rose today with the major indexes finishing with gains ranging between 0.2% and 0.5%. Investor participation was strong. However, today was an options expiration session. Volume typically picks up during these sessions. Market breadth was decent in today's session as well. Following the trend we are raising the support/resistance levels on the S&P 500 (SPY) (see below).

Stocks rose today with the major indexes finishing with gains ranging between 0.2% and 0.5%. Investor participation was strong. However, today was an options expiration session. Volume typically picks up during these sessions. Market breadth was decent in today's session as well. Following the trend we are raising the support/resistance levels on the S&P 500 (SPY) (see below).

The major indexes spent most of the session today down but as the day went on stocks edged their way to basically a flat close. The DJIA (DIA) was up 0.1%, the S&P 500 (SPY) was flat, and the Nasdaq Composite (QQQQ) was down 0.1%. Even though stocks were able to erase the losses investor participation was somewhat mixed and market breadth was neutral.

After selling off in yesterday's sessions stocks finished with mixed results in today's session. The Nasdaq Composite (QQQQ) was the clear leader with a 0.6% advance as the result of favorable comments from some technology companies. The DJIA (DIA) was up only 0.1% and the S&P 500 (SPY) was flat and could not close above its 50-day moving average.

Investors began earnings season bidding stock prices lower as the major indexes declined between 0.8% and 1.0% after Alcoa (symbol: AA) beat their EPS forecast but missed the sales forecast. There was probably more to the reason for the declines than just Alcoa.

A positive open for the stock market today reversed course as the S&P 500/Nasdaq Composite closed near the bottom of their intra-day trading ranges. The DJIA was flat in the session. Market breadth once again swayed towards the negative side and investor participation was somewhat there to validate the down session.

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