Tuesday, April 21, 2009

Today on the Marketbeat: Building off the low





Market #'s @ Closing Bell:

S&P: +17
DOW: +124
NASDAQ: +35
Rus2K: +7
TSX/S&P:
$VIX:


Internals:

Core Sector List: 13/3

- NYSE -
BREADTH: 6.4/1
AD LINE: +1850

- NASDAQ -
BREADTH: 4/1
AD LINE: 1500

Today on the Marketbeat: Building off the low

Today the market built off the lows put in from yesterdays shellacking the market took. The market closed near the 50% retracement of yesterdays big drop, showing the bulls were open to buying the dip but not into taking it back all the way up just yet, as 850 on the ES (S&P) will act as a short term action point.


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