Today on the Marketbeat: Market bounces back

Market #'s @ Closing Bell:


S&P: +21
DOW: +184
NASDAQ: +40
RUS2K: +12
TSX/S&P: +177
VIX: -1.65


Internals:

Core Sector List: 15/1 to the Bulls

NYSE
BREADTH: 9/1 to the Bulls
AD LINE: +1950 Ticks

NASDAQ
BREADTH: 3.5/1 to the Bulls
AD LINE: +1000 ticks

Today on the Marketbeat: Market bounces back

Well today was defiantly a brighter day than yesterdays post turkey day blues. The market opened up on a early gap up 4 ES pts (roughly 40 YM points) and continued to make headway higher into the early afternoon session, pausing and pegging at the R2 pivot level. The afternoon session was a lil less action packed as the markets chopped their way into the last hour of trading. 3pm brought a bounce off R1 as the market made a late day push into the days close. The Market closed with both YM and ES future markets closing making new highs, with many of the key core sectors behind this push. With a close of the S&P's over 880, the market is showing relative strength as it made that final push into the close with all internals backing it up big.

The internals came in today looking like this:

The NYSE breadth finished the day strong at its highs around 9/1 to the bulls, with the AD LINE tacking on . The NASDAQ followed the NYSE with slightly less strength as it closed near its highs around 3.3 to 1 to the bulls. Core Sector list came in at 15/1 closing the day strong under the hood. The final push of the day was readable with the AD Line breaking over 1500 plus, with the Breadths not far behind. Tomorrow should show slightly less volume as New Years eve approaches and traders take leave, so we look forward to Fridays trading session to see how the new year begins.