
Market #'s @ Closing Bell:
S&P: -2.5
DOW: -11
NASDAQ: +7
Rus2K: +1
TSX/S&P: -152
$VIX: +0.67
Internals:
Core Sector List: 9/7 Bears
- NYSE -
BREADTH: 1/1 Neg
AD LINE: -400
- NASDAQ -
BREADTH: 1.5/1 Pos
AD LINE: +200
Today on the Marketbeat:
Today was an interesting day in terms of what sentiment is going to lead the market in the coming days to weeks. With so many people looking for the market to drop, many investors thought today would have been a great start to the correction. However, just like has happened so many times the Bears tried to push the market lower, the bulls stepped in towards the afternoon hours to propel the price levels higher to finish just slightly lower after being down close to triple digits on the Dow.
The internals were a confusing bunch of numbers with the bears looking like they had the power under the hood. But with the breadths never really going negative the market had trouble holding the lows of the days as the bulls rallied it into the close
A lot of earnings names and economic data in the coming days, here's a couple:
- HES / GD / Norfolk southern / PENN / SAP (options activity) / SO / WIN /
- Durable Orders @ 8:30 / Crude Inventories 10:30 / Fed Beige Book 1pm


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