We had a volatile session, but it ended well with the indices not far off the highs for the day. In fact, the S&P 500 closed very near the highs for the day and it ended positively in what appeared to be late pre-weekend short-covering that affected the market in a positive note, and closed strongly particularly in the last 20-30 minutes.

The indices had an extremely negative post-election reaction, gapping down at the opening, on pre-market futures being sharply lower. They then tried to bounce, much more successfully on the S&P 500 and Dow, with the Nasdaq unable to get through the intraday moving averages, and they rolled over sharply in the morning, bounced in the afternoon, and then rolled over again even more sharply late in the session. They had a late quick bounce, but in the last 10 minutes rolled over sharply once again to close at the lows for the day.

The market had a very strong election-day rally today. Although there was some volatility, the market ended up closing at the highs for the day going away, especially on the blue chips.

We got basically what we thought we would on Monday -- a quieter session, lower volume, and slightly lower prices. There was a little bit of afternoon volatility, but for the most part the indices opened mixed, worked their way sharply higher initially, and then went into a couple-hour consolidation.

It was a solid up-day on Wall Street at the close, but they took an interesting path. Futures gapped up sharply and ran up to yesterday's highs on the Nasdaq 100, but fell short on the S&P 500, and then rolled over in a 3-wave decline that lasted all morning, but held at the 2-day rising trendlines.

The markets had a very strong session before -- and then after -- the FOMC announcement, when it lowered rates.

It was the mother of all rallies today, as the indices exploded in the afternoon after backing and filling all day, holding support. The indices took off in mid-afternoon and rallied strongly into the close, with as strong a thrust as we've ever seen.

The markets ended with a nasty session, particularly on a late slide that closed them at the lows for the day going away.

It was another negative session on Wall Street, a nasty way to end the week, but at least they came sharply off the early lows.

The markets had a very interesting and volatile session. The day started out with a move down that tested yesterday's late lows and held, then surged back in a 3-wave rally to the highs for the day, but failed at yesterday afternoon’s resistance and then sold off steadily and sharply.