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Market Watch:

Traders Keep The Rally Going With A Modest Gain;   U.S. stock market took a quick dip lower early on Monday, but saw positive territory throughout the session, ending with a better than one percent gain;   earnings and corporate outlook was the focus for the open as well as BP board looking at replacing the CEO;   stocks ramped up adding to, on low volume, the rally started nearly two weeks ago.    # # #    Volatility Continues In The Stock Market On Fear That Economic Recovery Is Faltering;   U.S. stocks got off to a reasonable start, but fell on Bernanke comments about the economic recovery;   earnings and corporate outlook was the focus for the open as well as the Gulf oil cleanup;   Market Barometer model upgraded the Forecast Bias to neutral from negative;   even though the stock market is under considerable pressure, the Market Barometer model data indicates a slight improvement in trader sentiment, and that could translate into foundation-building of the S&P 500.    # # #    After last weeks big run-up, stocks sink Friday as fear reappears over just what is going to happen to earnings and the economy, in contrast, the stock market ended flat Thursday, well off the low of the session, as news that BP had stopped the oil leak in the Gulf, in what is called a controlled test, along with news that Goldman has settled with the SEC over its part in the financial disaster.   # # #    U.S. stocks got off to a good start, adding 1/2 percent to yesterdays rally, in the early going Thursday;   unemployment initial claims data, earnings, and company outlook was in focus for today's open, as well as the ongoing BP oil spill cleanup venture in the Gulf;   this report is for Thursday, July 8, 2010;   unemployment new claims dropped by 21,000 last week to 454,000;   an oversold stock market spawned a 3-day rally, as marketeers have less concerns over the economic recovery;   traders throw a veil on the other threats to market stability and ramp stocks up continuing Tuesdays and Wednesdays rally;   the problem is that nothing of substance has changed over the past week to get the market pumped up other than being oversold;   the questions you have to ask, are; can stocks go higher from here- possibly;   can stocks go lower from here- yes;   the Market Barometer forecast stands at negative and will stay at this level until further evidence/ data to the contrary.    # # #    Stock Market Report For Wednesday;   U.S. stocks get off to a positive start as traders hope for the positive momentum to carry over to the close, Wednesday, July 7, 2010.    # # #    Stock Market Report For Tuesday;   look for a positive open;   rally and the beginning of earnings and outlook is in focus for the start of business Tuesday, July 6, 2010.    # # #                                                                                                                                           

 TICKER   STOCKS ON THE MOVE

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