Today on the Marketbeat: Down goes the Spyder

Market #'s @ Closing Bell:

S&P: -20
DOW: -155
NASDAQ: -7
Rus2K: -10
TSX/S&P: -198
$VIX: +0.84


Internals:

Core Sector List: 12/4

- NYSE -
BREADTH: 5/1
AD LINE: 1300

- NASDAQ -
BREADTH: 1/1
AD LINE: 530

Today on the Marketbeat: Down goes the SPYder

After weeks of relative strength in the overall equity markets, the bulls took a solid breather to the downside in Monday's action. With the exception of the NASDAQ which was the most bullish out of the exchanges, Monday took the Dow and Spy down on the opening bell and the bulls didn't take the bait just yet.

Under the hood the internals were mostly in the red, with the Core Sector List closing the day @ 12/4 tot he bears, the Breadths were mixed with the NYSE breadth closing near its lows for the day @ 5/1 to the bears while the NASDAQ finished the day at parody. The Ad Lines also tacked on some losses but nothing substantial.

Tomorrow isn't a big day on the economic report side of things, so we could see some chop or continued movement tot he downside that would bring the SPY to a more reasonable level for bulls to nip at the dip. Till then we here at the Marketbeat are sitting on our hands getting ready for the next move.