Monday, February 23, 2009

Today on the Marketbeat: New day new lows..




Market #'s @ Closing Bell:


S&P: -26
DOW: -250
NASDAQ: -53
RUS2K: -16
TSX/S&P: -302
VIX: +3.32


Internals:

Core Sector List: 15/1

NYSE
BREADTH: 3.7/1 Negative
AD LINE: -2200 Ticks

NASDAQ
BREADTH: 5.5/1 
AD LINE: -1500 Ticks

Today on the Marketbeat: New day, New Lows

Today's actions took the market into further oversold territory as the stimulus package strives to make its impact felt. The trend for today was lower all the way throughout the day. Having not followed the market today as I usually have I will only report the recap.

Under the hood was all Bears today as the Breadth, Ad Line. core sector list and VIX all came in at very bearish readings. 


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