Today on the Marketbeat:

Market #'s @ Closing Bell:

S&P: -19
DOW: -220
NASDAQ: -27
RUS2K: -8
TSX/S&P: -400
VIX: -1.67

Internals:

Core Sector List: 12/4 to the bears

NYSE
Breadth: 3/1 Neg
Ad Line: -500

NASDAQ
Breadth: 3.2/1 Neg
Ad Line: -680

Today on the Marketbeat: Holding the weeks lows

Well after 3 days of modest strength, the market pulled back to Tuesday's lows in today's intra day action. The Market broke lower early and the trend stayed that way, but it held the 880 line on the ES. We finished the day down about 2% on the major indices.

Under the hood, the internals were all int he red as the bears pushed prices lower today. The Breadth finished the day at its lows @ on the NYSE and on the NASDAQ. The Ad Lines tacked on modest losses as they also finished near the lows of the day, down - ticks on the NYSE and - on the NASDAQ respectively.

As the holidays approach, we as active traders should take some time and review our year, see what worked, see what didn't, Look over your game plan for 08, and work on the new trading plan for 09.

Next week, I'm going to focus solely on Inner game, and market recap #'s, For I feel for myself and others like me, that time spent on our Trading Plans, and strategies is time well spent.

From the Pen of Daiz'on End

Marketbeat for Dec 17th

RECAP:

S&P: -8
DOW: -99
NASDAQ: -10
RUS2K: +3
TSX/S&P:
VIX: -2.53

Internals:

Core Sector List: 12/4 to the Bears.

NYSE
Breadth: 1.2/1 positive
AD Line: +500 ticks

NASDAQ
Breadth: 1.5/1 Neg
AD Line: +200 ticks

Chart of Internals (Click to enlarge)

Today on the Marketbeat: Fed's make way for rally

Market #'s @ Closing Bell:

S&P: +44.5

DOW: +360

NASDAQ: +81

RUS2K: 

TSX/S&P: 

VIX: -4.30

Internals:

Core Sector List: 16/0

NYSE

BREADTH: 17/1 Positive

AD LINE: 2100

NASDAQ

BREADTH: 14/1 Positive

AD LINE: 1600

Today on the Marketbeat: Fed's make way for rally

One look at today's rally and one thing becomes quickly evident. The rally was 100% sparked by the FOMC meeting. from which the FOMC Minutes came out around 2pm EST. One glance at the intraday chart and one would easily see the proof for this being the market was a sideways mess up until 2pm est. Once the Fed minutes came out the market exploded higher and didn't let up until the closing bell. What interested me most was the volume, prior to the announcement themarket was flat, to the very meaning of the word. The market hadn't moved much and volume was near to non-existent. After the news the market moved higher, as did the volume. Another important note is that we held 909 on the ES and closed near 918, which are the points of resistance before the major markets can start to even think about moving higher. 

Under the hood, the internals would of been a savior to anyone brave enough to step into the market today. Personally I don't like intraday trading on days like today because their is usually a lot of volatility and I prefer to watch what happens and react to that. But If one was in the market today, using the internals would of kept them afloat. All of the internals (Breadth, AD Line, Trin, Tick) were stagnant with the market, until they started peaking up around 2pm with the market. Keeping a keen eye on the internals while managing plays is the best way to keep your money in your pockets.

Market Recap for Monday December 15th

Market #'s @ Closing Bell:

S&P: -11

DOW: -65

NASDAQ: -32

RUS2K: -16

TSX/S&P: -56

VIX: +2.77

Internals:

Core Sector List: -15/1

NYSE

BREADTH: 2.4/1

AD LINE: -1400

NASDAQ

BREADTH: 5/1

AD LINE: -1400