Today on the Marketbeat: Up, Down, and Side to Side...

Market #'s @ Closing Bell:

S&P: +5

DOW: +36

NASDAQ: +12

RUS2K: +6

TSX/S&P: +30

VIX: -1.76

Internals:

Core Sector List: 9/7 to the Bulls

NYSE

BREADTH: 1.2/1

AD LINE: 880

NASDAQ

BREADTH: 2/1 

AD LINE: 670

Today on the Marketbeat: Up, Down, and Side to Side...

This last week of the first month of 2009 started off very similar to how the markets been acting as of late - A bit of everything. The day got off to a great start as the market opened higher taking over the daily pivot and R1 Resistance before hitting the day high of 849.5 on the ES. This turned out to be the days high as the markets quickly rolled over and chopped its way across the R1 Pivot. It wasn't until the ES lost R1 that we saw extensive selling into the afternoon trading. However, that wasn't the end of the story as into the last hours of trading the market staged one of the famous late day rallies moving back up to R1, but it failed to recapture it and the market settled the day near the mid pivot (R1 - PP).

The internals spoke volumes today if you were trying to day trade the action as the internals were up down and side to side with the market. The Breadth started out bullish with some solid strength behind it, cue in 2pm reversal and the bears put some downward pressure on the Breadths, almost taking them over into the close but they kept the bears away long enough to close bullish (1.2/1 NYSE, 2/1 NASDAQ). The AD Lines battled into the close tacking on 880 ticks and 670 respectively. Closing up the internals the VIX closed slightly lower down 1.76 for the day.