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[Chart courtesy of MarketWatch.com] Moving the markets In an almost identical performance to Friday, the major indexes hugged their respective unchanged lines, before a mid-day breakout catapulted all 3 of them out of the red and into green. Unfortunately, that bullish move did not hold, and we gagged into the close thus giving the bears the upper hand—again. The sell-off …

[Chart courtesy of MarketWatch.com] Moving the markets Another hard-fought battle for superiority at the unchanged line was won by the bulls today. After spending the first half of the session aimlessly meandering, the major indexes found some footing, and up we went. The gains were modest, but broad, nonetheless. As I posted yesterday, “bad news is good news,” which was …

[Chart courtesy of MarketWatch.com] Moving the markets The major indexes meandered for most of the day looking for direction and found it during the last hour, as the attempt to climb back from January’s sell-off continued. Traders’ focus seemed to have suddenly changed from the Fed towards the earnings season and those companies’ beating expectations while issuing improved forward guidance. …

[Chart courtesy of MarketWatch.com] Moving the markets It seemed like traders and computer algos alike tried to mitigate the poor results of a dismal month by pumping the major indexes during the last two sessions with support from month-end rebalancing. For sure, some losses were cut, but the major indexes still suffered a beating with the Dow faring the best …