One positive traders can take from yesterday's selling action is that the major averages did avoid a bearish distribution day.

There are millions of people who are not buying already -- even with the lowest rates since the Eisenhower era. Imagine all those who will not be buying at higher rates.

The stock market indices had a very choppy session. They gapped up strongly at the opening, but that was it right there at the highs in the first couple minutes.

The overall pattern in Walter Energy (WLT) argues that all of the action off of the recent high represents a maturing corrective period.

Download Adrian Manz's Around The Horn Intraday Trading Plan PDF for September 9.

Dr. Adrian Manz analyzes the major markets, stock sectors, and individual stocks for September 9.

Dave Landry takes a one-minute look at the stock market in his video for September 9.

Choppy trading range remains the dominant theme in the markets.

Present homeowners want to boost the value of their main asset. Future homeowners would like to buy their next asset on the cheap.

The stock market indices had another up day as the rally continued. Starting out with a gap up, they ran sharply higher until mid-morning when they paused.