Today on the Marketbeat - Bulls, Bears & Turkeys

Market #'s @ Close:

DOW: +948 to 9,387 11%

S&P: +91 to 990  11%

NASDAQ: +170 to 1,820

RUS2K: +38 to 561

TSX/S&P:  Closed

VIX: -15 to 54

Internals:

Core Sector List: 16/0 Bulls

NYSE

A/D Line: 2489

TRIN: -

BREADTH: 19/1 Positive

NASDAQ

A/D Line: 2147

TRIN: 0.22

BREADTH: 29/1 Positive

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As we celebrate Thanksgiving up here in the great white north, we have alot to be thankful for. For being around to trade another day after last weeks mega clear out sale on Wallstreet. Also for seeing some green on the board today as my stomach adjusts from all the Turkey ive ingested over the weekend. As you should already know, the markets jumped to a early start last night, gapping up big last night. Although it made most of the move pre-market (breakaway gap = professional move), it shouldnt of been too much of a shock with the massive oversold levels from last week that we would see a large spike up. The Vix continued to show that it is the king, dropping a bit off the highes put in last week, but not breaking the trendline yet. 

Chart of the VIX (Click to enlarge):

Under the hood, internals were for the first time in a lil while, in the green, with the breadths clear to the bulls, closing @  . The A/D line improved off the terrible lows of last week gaining _ ticks. While the tick was enjoying a day in the positive side, closing near . The only sign of possible weakness comign from the internals today was the core sector list, where the banking index and the _ index pulled into red territory during the day, showing sings that there is still weakness in key areas in this market.