The market had a good day, but lost a bit of steam near the close.  I would like to point out that some of the big financial stocks rose in light volume today.  Take a look at this list:
                            3/31/09 Volume          10-Day Average Volume
JPM           84 million shares              125 million shares    
C             306 million shares           715 million [...]

1)  The market had a nice sell-off today.  Volume was (slightly) heavier on the DJIA and the S&P500 and lighter on the NASDAQ.  If you are going to get a pull back, this is the action you want to see – higher volume up days with lighter volume down days.
2)  The DJIA and the S&P500 [...]

The market performed well last week.  Volume fell as prices retreated, and rose as the market climbed.  No distribution days were seen.  As I said on Friday, the market was extremely overbought, the NASDAQ McClellan oscillator lost 36 points on Friday and now stands at a +53.  I would note that this is still overbought.  [...]

I am going to keep this short tonight.  The market had another very nice day to the upside.  I want all readers to know – the market is extremely overbought right now.  The NASDAQ McClellan Oscillator added 25 points today.  This brings this index to a +89.  This is the highest reading I have ever [...]

A late save by the markets today.  The DJIA, NASDAQ, and S&P500 all held their 50 day moving averages.  These indices reversed lower mid-day and then vaulted higher in the closing minutes of today’s session.  Volume was higher than yesterday.  My one caution is the market now looks a bit overbought.  The NASDAQ McClellan oscillator [...]