Dow ...9,496.28 ...-47.92 (-0.50%)
S&P 500 ...1,020.62 ..-8.31 (-0.81%)
Nasdaq ...2,009.06 ..-19.71 (-0.97%)

ADR Report-China leads foreign US shares down; oil weighs
Emerging-Market Stocks Decline as China Tumble Sparks Selloff
NYMEX-Crude ends below $70 on China equities worry
US turns profit on bank bailouts
Wal-Mart to sell goods from other vendors on Web
Bonds bounce on stock selloff
Stocks end strong month with a bout of selling
Survey finds support for Fed, jitters on spending

Dow ...9,544.20 ...-36.43 (-0.38%)
S&P 500 ..1,028.93 ..-2.05 (-0.20%)
Nasdaq ...2,028.77 ..+1.04 (0.05%)

Corporates' Tech Purchases Still In Doubt Despite Optimism
US Economy: Consumer Spending Climbs on 'Cash for Clunkers'
Flat incomes raise doubts about economic recovery
INSTANT VIEW: Consumer confidence hits four-month low
Consumers still on the edge of the cliff
OIL FUTURES: Crude Rises, But Held Back By Uncertain Economy
Crude Advances a Second Day as Rising Equities Signal Recovery
AIG Rises, and Many Ask Why
UK Second-Quarter GDP Falls Less-Than-Forecast 0.7%
Meltdown 101: Why banks' struggles have worsened
WASHINGTON - Despite signs of an improving economy, the nation's banks are still struggling - in fact, the pace of bank failures has accelerated.

The market seems in the cross road. Marketers look more signs to trade. Let's wait and see some numbers will reveal in the next week.

Dow ...9,539.29 ...+30.01 (0.32%)
S&P 500 ...1,028.00 ..+2.43 (0.24%)
Nasdaq ...2,024.23 ..+6.25 (0.31%)

US Postal Service seeks 30000 job cuts via buyouts
Home Market Shows Signs of Life as Declines Slow
Anheuser-Busch Plans to Raise Most US Beer Prices
Housing among encouraging signs in Florida consumer confidence
Gain in consumer confidence sends stocks higher
Toyota Will Cut Domestic Production as Sales Plummet
Staples Posts a 38% Profit Decline
Crude pulls back from $75 mark on US deficit data
Stocks touch new '09 highs
Gain in consumer confidence sends stocks higher
Anheuser-Busch, MillerCoors: price hikes in fall

The Dow touches 09' high and fall back. Beer prices will rise that may be a sign of inflation. Plus the recent rally for 6 months raise the possibility to pull back.
VIX is a big hammer shows a sign to change the direction too.

Dow ..9,509.28 ..+3.32 (0.03%)
S&P 500 ..1,025.56 ..-0.57 (-0.06%)
Nasdaq ...2,017.98 ...-2.92 (-0.14%)

Oil Rises to 10-Month High as Stocks Boost Economic Confidence
OIL FUTURES: Crude Stable, Short Of $75 After Week Of Gains
Stocks may fly on housing, consumers
Fannie, Freddie shares soar on huge volume
Stocks pull off earlier highs, financials retreat -
Remember me? Wall Street repackages toxic debt

Dow ...9,505.96 ..+155.91 (1.67%)
S&P 500 ..1,026.13 ..+18.76 (1.86%)
Nasdaq ...2,020.90 ..+31.68 (1.59%)

FOREX-Dollar, yen drop after US home sales, Bernanke
Condo resales up, prices down in July
Existing Home Sales in US Jump to Two-Year High
Existing homes selling fast - record fast
Jobless Rate Hits Double Digits in 14 States, dc
State jobless rate at all-time worst
17 states see unemployment rates drop in July
MARKET SNAPSHOT: Stocks Still Follow Crude, But For How Long?
NYMEX-Crude ends at 10-month high on recovery hopes
Starbucks gambles that price hikes won't leave customers cold
Stocks rise as Bernanke says economy near recovery
Bernanke optimistic economy will grow again soon
July home sales surge more than 7 percent

Dow ...9,350.05 ...+70.89 (0.76%)
S&P 500 ..1,007.37 ..+10.91 (1.09%)
Nasdaq ...1,989.22 ..+19.98 (1.01%)

Mortgage delinquencies hit record high in Q2
Illinois jobless rate rises slightly
Kentucky's jobless rate rises to 11 percent in July
Sears shares plunge on surprise 2Q loss
AIG's Renaissance Plan Could Succeed But It Isn't A Slam Dunk
AIG Options Jump as Stock Soars on CEO Plan to Repay Bailout
Execs: Recession has hit bottom
US Leading Economic Index Rose 0.6 Percent in July
Jobless claims in surprise rise
US Initial Jobless Claims Rose by 15000 to 576000
US Economy: Philadelphia Factory Gauge, Leading Index Rise
Stocks Look on Bright Side
Bernanke's tough task: Withdrawing emergency aid
Bernanke Diverging With King Means Dollar May Decline
NYC's jobless rate higher than the nation's
Stocks higher on improving manufacturing data

Dow ...9,279.16 ...+61.22 (0.66%)
S&P 500 ..996.46 ..+6.79 (0.69%)
Nasdaq ...1,969.24 ...+13.32 (0.68%)

Stocks finish with gains
Stocks turn higher on jump in energy demand
US stocks finish ahead, rise fueled by oil rally
Consumers to benefit as credit card law debuts
Meltdown 101: Credit card reforms begin to kick in
Business Outlook Drops Deere
Oil Surges to 2-Month High as Supply Drops Most in 15 Months
Why oil won't return to triple digits
Commercial Property Values Fall as Rent Drop Forecast
December gold ends up $5.60 at $944.80 an ounce
US gold finishes lower as dollar gains, oil falls
Bullish momentum pushes tech stocks higher in late trading
Warren Buffett's "Greenback Effect" Warning = Buy Stocks Now

Dow ...9,217.94 ...+82.60 (0.90%)
S&P 500 ..989.67 ..+9.94 (1.01%)
Nasdaq ..1,955.92 ..+25.08 (1.30%)

Stocks Gain on Target, Home Depot Earnings, German Confidence
Recovery begins, but recession leaves scars, IMF says
Turnaround 'will not be simple'
Construction prices drop 0.6 percent in July
Producer Prices in US Decline More Than Forecast
Surprise dip in US home building
US home construction sees surprise decline in July
Earnings data help stocks regain ground after drop
Southern California Home Prices Fall on Foreclosures
Low prices boost Southern California home sales in July
Single-family home building rises for 5th month
Retailers' results top estimates; wariness remains
Inflation a no-show in July, likely to stay muted

The market looks still healthy on a bull trend mode. It might have some correction before go higher.

Dow ....9,337.95 ...-32.12 (-0.34%)
S&P 500 ..1,007.10 ..-3.38 (-0.33%)
Nasdaq ...1,992.24 ..-8.01 (-0.40%)

Crude Oil Falls for Third Day in New York as Equities Decline
Fed not ready to use other R-word: Recovery
Don't look for an overly bullish outlook from central bank, even as more economists see an end to the recession at hand.
Treasurys Rebound Ahead Of Fed Meeting, Supply
Treasury Yields Fall on Eve of Sales as `Attractive' Yields Entice ...
Cash-for-clunkers to boost July retail sales
US Q2 online retail sales keep sliding -comScore
Gold loses over 1 percent on resurgent dollar
Freddie Mac Shares Surge After Firm Posts Profit
Freddie Mac Swings To Q2 Profit, Does Not Request Further Aid
Stocks fall as traders lock in profits after rally
Krugman says world avoided second Great Depression

this months long rally significent signs a bull market may begin. traders are busy look for any opportunity to trade and buying power still strong enough.

Dow ...9,280.97 ...-39.22 (-0.42%)
S&P 500 ..1,002.72 ..-2.93 (-0.29%)
Nasdaq ..1,993.05 ..-18.26 (-0.91%)

Head of Agency Controlling Fannie and Freddie to Step Down
Treasuries Decline as US Sets Auction Amounts, Considers 30-Year TIPS
OIL FUTURES: Crude Futures Edge Up As Dollar Weakens
Crude Oil Rises After Report Shows US Fuel-Demand Increase
GM, Chrysler, Ford Share in US Grants for Batteries
US awards $600 mln in car battery grants
AIG Surges Ahead of Quarterly Results
Weak economic data puts stock market rally on hold -
US services sector index dips unexpectedly in July
Signs show slow start on back-to-school sales -

THE market still stay strong, any dip would show buying power.
Watch stocks:
AIG, FRE, FNM, CIT.

Dow ...9,320.19 ...+33.63 (0.36%)
S&P 500 ..1,005.65 ..+3.02 (0.30%)
Nasdaq ...2,011.31 ...+2.70 (0.13%)

Home Sales Rise For Fifth Straight Month
US Stocks Move Slightly Lower Despite Gain In Financials
American Incomes Head Down, Threatening Recovery in Spending
Consumer spending rises; savings, income sink
June consumer spending, pending home sales rise
Gold Reaches Two-Month High
US gold rises above $970 on weak dlr, risk appetite
Gold May Drop as Dollar Recovers Against Basket of Currencies
Spending inches up in June, despite income drop
Stocks fluctuate as investors try to extend rally
Oil rally stalls in face of better economic data

Well, along with the economy data revealed good enough, the index climb new high everyday. it shows strong signal bull market, so everytime when the index dip there are many traders jumped in to buy and form a short term support.
As long as no surprise data on the economy side, the market has strong desire to go higher.

Dow ....9,286.56 ...+114.95 (1.25%)
S&P 500 ...1,002.63 ..+15.15 (1.53%)
Nasdaq ...2,008.61 ..+30.11 (1.52%)

US manufacturing slows, while construction rises
Manufacturing index signals growth soon
Treasury 10-Year Notes Fall Most in 2 Months on Growth Outlook
TREASURIES-Prices slide as safe-haven assets lose luster
Treasurys Spanked By Data Pointing To Economic Recovery
Stocks kick off August with a rally
US Stks At Highest Levels Since Nov, Led By Materials, Energy
Economic oil spill on the horizon?
Dollar Drops to Lowest Level Since Weeks After Lehman Collapsed
Becker Says Bernanke May Fail to Curb Inflation During Recovery
Signs of healing in manufacturing lift stocks -
Oil jumps on weak dollar, manufacturing strength

SP500 over 1,000 back in the same level on Nov. 4th 2008, which is 50% growth from 52wk low on Mar. 6th, 2009. So, the traders would highly take some profit from the table and push the index back to a support 940~950 level.