Today on the Marketbeat: Santa Claus Rally is coming to town?

Market #'s @ closing bell:

S&P: +296 to 8931

DOW: +33 to 909

NASDAQ: +62 to 1571

RUS2K: +16 to 477

TSX/S&P: +497

VIX: -1.92 to 58.01

Internals:

Core Sector List: 15/1

NYSE

BREADTH: 6/1 Pos

AD LINE: +1750 ticks

NASDAQ

BREADTH: 6/1 Pos

AD LINE: +1500 ticks

Today on the Marketbeat: Santa Claus Rally is coming to town?

Wow, what a way to start the week. Last week ended with a solid end of the day rally on Friday after the indices had some issues in the early session. We ended the week up, and passed the torch into this weeks start. The Market saw most of the gains pre-Market hours, as the major averages opened near R1 and chopped some sideways action in before the 2pm market reversal when the internals perked up and brought the market up towards R2. Overall sentiment today was BULLISH, as the internals clearly gave us the signal to stay long today. 

Under the hood, the internals gave some solid Bullish readings today. The AD LINE tacked on some solid gains and closed near its highs @ +1600  . The Breadths closed the day in positive territory, @ 6/1  on the NYSE & NASDAQ respectively.  Closing out the internals the TICK spent a large amount of time above 0, giving us the sign to stay on the prowl for bullish ideas. 

Many unusual option activity hit the ticker today.

- RGC: Dec 10 Calls / SEPR: Dec Calls / LAMR: Dec 15 Puts / BEN: Dec 60 Puts / ATVI: Dec Puts.