Dave Landry takes a one-minute look at the stock market in his video for September 28.

If the S&P 500 SPDR (SPY) holds its recent breakout level, and convincingly moves above last week's high within the next few weeks, it would be relatively safe to say the prior downtrend from the April 2010 highs has concluded.

Clive Corcoran suggests that the S&P 500 could well touch 1170, but the potential benefit of maintaining a long position beyond this 1170 level would not fit his risk/reward trade-off criteria.

If gold is going up, analysts reasoned, it must mean something. What? The obvious explanation is that inflation is coming.

The stock market indices started lower this morning, rallied from late morning to late afternoon and reached new rally highs.

Cisco (CSCO) is in the process of completing a pullback from Friday's recovery high.

Download Adrian Manz's Around The Horn Intraday Trading Plan PDF for September 27.

Dave Landry takes a one-minute look at the stock market in his video for September 27.

The market internals provide substantial evidence of institutional accumulation. This is further supported by the clear break above resistance on three of the five major indices.

The target which is now on the agenda for the S&P 500 cash index, and which could come this week, is the 1173 intraday high from May 12.