The stock market indices had a strong start. They stair-stepped into midday, but when the S&P 500 made new highs early in the afternoon, the Nasdaq 100 could not and formed a head-and-shoulder intraday-type pattern, and the indices were gullible. Then the FOMC spoke and when they didn’t like what was said, the market rolled over hard. The NDX dropped from 2751 to 2724 and the S&P 500 dropped from 1465 to 1456, only to bounce in the last 15-20 minutes. They firmed up a little bit, but they were still down on the day. Net on the day, the Dow was down 21.19 at 13,391.36, about 33 points off the low. The S&P 500 was up 3.06 at 1459.36. The Nasdaq 100 was up 14.21 at 2732.26. Advance-declines were 17 to 13 positive on the New York Stock Exchange, and negative by 100 issues on Nasdaq. Up/down volume was slightly positive on both exchanges. Net-net the market had a flat day all around when you combine all the technicals. TheTechTrader.com board was mixed but there were some outstanding stocks today. The large-cap stocks included Priceline (PCLN), up 10.33 to 648.73, and Amazon Inc. (AMZN), up 1.17 to 258.48. Apple Inc. (AAPL), however, was down 6.93 to 542.10. Netflix Inc. (NFLX) gained 4.58 to 96.59. Solar stocks were very strong today. First Solar, Inc. (FSLR) was up 2.42 to 34.41, and rocketed to 35.60, on 10 million shares. SunPower Corporation (SPWR) was the stock of the day today, up 2.94 to 9.07, or almost 50%, on 22 million shares as they did a solar-power deal with Warren Buffet. LDK Solar Co., Ltd. (LDK) gained 34 cents to 1.92, or 22%, on 9 million shares. Trina Solar Limited (TSL) popped 81 cents to 5.29, or 18%, on 10 million shares. Yingli Green Energy Holding Co. Ltd. (YGE) spiked 40 cents to 2.87, or 16%, on 7.7 million shares. Suntech Power Holdings Co. Ltd. (STP) was up 22 cents to 1.82, or 14%, on 10 million shares. ReneSola Ltd. (SOL) climbed 23 cents to 1.90, or 14%, on 1.8 million shares. JA Solar Holdings Co., Ltd. (JASO) gained 46 cents to 4.97, or 10%, on 1.4 million shares. Guggenheim Solar (TAN) advanced 1.72 to 18.14, or 10%. Other gainers of note included BG Medicine, Inc. (BGMD), up 43 cents to 2.75, or 19%, on 2.8 million shares. Vringo, Inc. (VRNG) closed up 58 cents to 3.50, or 20%, on 10 million shares. Landec Corp. (LNDC) gained 1.54 to 11.36, or 16%, on nearly a million shares. Hot Topic Inc. (HOTT) climbed 1.08 to 10.80, or 11%, on 1.8 million shares. In addition, Ross Stores Inc. (ROST) was up 4.34 to 58.78, Sarepta Therapeutics, Inc. (SRPT) up 1.90 to 28.14, Weight Watchers International, Inc. (WTW) 3.62 to 56.73, Acorda Therapeutics, Inc. (ACOR) 1.78 to 26.95, and Nu Skin Enterprises Inc. (NUS) 2.30 to 39.49. Those rounded out the gainers on our board today. On the downside, Conns Inc. (CONN) was down 1.44 to 28.99, International Business Machines Corporation (IBM) 1.08 to 195.27 and the VelocityShares 3x Long Silver ETN (USLV) down 2.09 to 25.50. Those were the only point-plus losers on our board today. Stepping back and reviewing the hourly chart patterns, the indices had a 5-wave move up early on this morning, but by midday Nasdaq 100 could not keep pace with the S&P 500’s new high, and they rolled over sharply after the FOMC meeting and announcement, only to bounce late in the day. However, they were down on the session with the advance-declines positive on New York and slightly negative on Nasdaq, and all the technicals kind of mixed today. Let’s call it a consolidation day and see what happens tomorrow. Good Trading! Harry