Today on the Marketbeat: Hmmmm ?

Market #'s @ Closing Bell:

S&P: +5
DOW: +27
NASDAQ: +8.5
Rus2K: +2.74
TSX/S&P: +94
$VIX: -1.26


Internals:

Core Sector List: 12/4

- NYSE -
BREADTH: 2.2/1 Pos
AD LINE: +1244

- NASDAQ -
BREADTH: 2/1 Pos
AD LINE: +384

Today on the Marketbeat: Hmmmmm?

After the big rally seen on Monday's intraday action, today was looked at to possibly retrace off the old support of the Head & shoulders that have been forming on the Dow and S&P. However today saw the market at least try to hold onto these gains, closing up with modest gains across the board.

Under the hood the market was bullish but not even remotely close to the levels of yesterdays rally. The Core Sector list closed the day at 12 over 4 to the bulls, while the ad lines tacked on some more gains. The breadths closed the day at 2 to 1 positive on both the NYSE and NASDAQ.

While we are still deep in earnings season, it will continue to be the markets wild card as they can send a market moving either way. Goldman Sachs released earnings today giving, but with them being upgraded by Meridith Whitney yesterday, giving alot of the ummph to the big rally, some would say that their earnings #'s were baked into today's price action.