Today on the Marketbeat:

Market #'s @ Closing Bell:

S&P: -5
DOW: -66
NASDAQ: -17
Rus2K: -8
TSX/S&P: -87
$VIX: +1.7


Internals:

Core Sector List: 11/5 Neg

- NYSE -
BREADTH: 2/1 Neg
AD LINE: -1800

- NASDAQ -
BREADTH: 2.8/1 Neg
AD LINE: -1400

Today on the Marketbeat:

The Market sold off once again as European financial fears once again loomed over investors minds. Across the board, stocks were in the red - The S&P finished down 5 pts, while the DOW lost 66 and the NASDAQ closed the session down 17 pts. The internals were not heavily bearish on the breadths, but both NYSE & NASDAQ Ad Lines closed the day under 1000 ticks to the downside, which is somewhat significant.

This week is options expiry which more often than not is a bullish week, but with the bearish sentiment still seemingly strong, we might see some more sell off into the weeks end.

Happy Trading

Today on the Marketbeat:

Market #'s @ Closing Bell:

S&P: -16
DOW: -115
NASDAQ: -37
Rus2K: -
TSX/S&P: -
$VIX: +2.71


Internals:

Core Sector List: 16/0

- NYSE -
BREADTH: 8/1 Neg
AD LINE: -1700

- NASDAQ -
BREADTH: 6.7/1 Neg
AD LINE: -1300

Today on the Marketbeat:

The market that bounced off the lows yesterday Afternoon, gaped higher this morning only to sell off all those gains and pushing towards yesterdays lows and closing there. With a 10 pts ES gap up in the morning, the Futures moved 26 pts of those levels to close 16 pts lower on the day.

The internals were the first clue that this market was standing on shaky foundation as 20 minutes before noon eastern the Breadth crossed over from positive to negative territory. The Ad Line made its highs in the first 20 min, then bled off to the lows of the day which it too closed at.

The market seems to be in need of some time to work out which direction they want to continue towards in the coming weeks, until there is a clear direction look to take profits on shorter termed trades.

Today on the Marketbeat:

Market #'s @ Closing Bell:

S&P: +48
DOW: +405
NASDAQ: +109
Rus2K: +
TSX/S&P: +
$VIX: -12


Internals:

Core Sector List: 16/0

- NYSE -
BREADTH: 29.5/1
AD LINE: +2850

- NASDAQ -
BREADTH: 13/1
AD LINE: +2150

Today on the Marketbeat:

The huge losses that were put in on Thursday last week, when the "Citigroup Billion dollar mistake" occurred have almost all been returned as the markets opened this week with a huge big money gap to the upside. The markets were a sea of green today as every sector in the core sector list finished the day to the upside. All internals finished high into positive territory. The vix was sent down about 12 points lower as investors gained more confidence.

Today on the Marketbeat:

Market #'s @ Closing Bell:

S&P: -38
DOW: -348
NASDAQ: -82
Rus2K: -
TSX/S&P: -
$VIX: +10.30

Internals: All Bearish (Negative, with the exception of Gold)

Core Sector List: 15/1 (GOld Up)

- NYSE -
BREADTH: 23/1
AD LINE: -2800
- NASDAQ -
BREADTH: 15/1
AD LINE: -2100

Today on the Marketbeat:
At approx 2PM today the market sold off to the extent I have never seen before, it went from being down around 25 pts on the ES Futures (S&P 500) to down over 100 pts in under 30 minutes. LAte in the day the market rallied off these monster lows, and closed about 40 pts down. NEar the closing bell news hit the wire that a 'human error', a trader/manager over at Citigroup put a order for one billion, when he/she meant one million and it set of a chain reaction that sent many quote privders into over drive. Spreads on some options were about $4-5 on every strike.


The internals were bearish and even after the market pushed off the lows, close din heavy bearish territory. So what is a personal trader to do form here? Well first we need to establish if this mistake sent big money into a consolidation period or possibly rally at these lower levels where many stocks are at much more value based areas. Once we have a better idea look for stocks that were doing great but were too extended, alot of these stocks might be at great buying areas and if the market rallies we could see a nice bounce.

Today on the Marketbeat:

Market #'s @ Closing Bell:

S&P: -28
DOW: -225 (-2%)
NASDAQ: -75
Rus2K: -23
TSX/S&P: -165
$VIX: +3.84


Internals:

Core Sector List: 16/0

- NYSE -
BREADTH: 15/1
AD LINE: 2200

- NASDAQ -
BREADTH: 10/1
AD LINE: 2000

Today on the Marketbeat:

The markets were down 2% across the board, the VIX ripped with the market slide as all sectors take a hit Tuesday. After months of gains in the markets, investors - big money or personal have been watching for an extended pullback, and by extended I mean a pullback that lasts longer than a couple hours or one day. The market has moved lower 3 times in the past 7 trading day and each pullback has been greater than the bounce there after.

The internals were all bears today, with the core sector list pegged 16 to 0 to the bears. The Breadths both finished heavily bearish, the NYSE closed the day 15 to 1, and the NASDAQ 10 to 1, while the VIX rose almost 4 pts to close at the highest level in almost 3 months.

Who knows if this pullback will continue as a move lower could still be considered 'healthy' to many investors and TV heads. The bottom line is establish a solid level of support and resistance for your trades and trade your plan. Happy Trading

Today on the Marketbeat:

Market #'s @ Closing Bell:

S&P: +1
DOW: +21
NASDAQ: +10
Rus2K: +1.85
TSX/S&P: -2.22
$VIX: +0.36


Internals:

Core Sector List: 8/8 Split

- NYSE -
BREADTH: 1.4/1 Neg
AD LINE: -100

- NASDAQ -
BREADTH: 2/1 Pos
AD LINE: +400

Today on the Marketbeat:

Another day higher, but the bulls didn't have the strength that they displayed during yesterdays rally. The Internals were split down the middle with the NYSE finishing the day negative, and the NASDAQ closed higher.

Tomorrow is options expiry so anything could happen, After hours Google reported their earnings and at the time of this writing the shares were down 3%.

Happy Trading