Today on the Marketbeat: Big Rally on Wild Card Earnings

Market #'s @ Closing Bell:

S&P: +22
DOW: +188
NASDAQ: +44
Rus2K: +16
TSX/S&P: +218
$VIX: -0.04


Internals:

Core Sector List: 16/0

- NYSE -
BREADTH: 4.8/1 Pos
AD LINE: +1950

- NASDAQ -
BREADTH: 4.5/1
AD LINE: +1700

Today on the Marketbeat: Big Rally on Wildcard

The Market railled big today, once again being led by Tech's big time strength. The internals helped all markets push towards the sky today as the market got off to a slow start off the opening bell, but before investors could unwarp their lunches the market started to rip. Big movers today include RIMM, AMZN, GS.

Under the Hood the internals closed the day very bullish with the core sector list closign the day 16 over 0, The breadths closed the day both around 4.5 to 1, while the AD Lines tacked on about 1800 ticks a piece.

Many investors are sitting scratching their heads as to why the market continues to lift while headlines, statistics and almsot everything but price action points to continued bearish sentiments. We have to try to stay away from bias opinions as to "what the market should be doing" the market should be doing what it does, hence why it moves where it moves. Our job is to catch those moves whatever way they may be.

More earnings come out tonight, and could continue to be the big wild card for the market, stay nimble ...Happy Trading