Today on the Marketbeat:

Market #'s @ Closing Bell:

S&P: +3
DOW: +15
NASDAQ: -3
Rus2K: +0.23
TSX/S&P: +35
$VIX: +1.43


Internals:

Core Sector List: 9/7 Bulls

- NYSE -
BREADTH: 1.7/1
AD LINE: 870

- NASDAQ -
BREADTH: 2/1
AD LINE: 350

Today on the Marketbeat: Another high, but how high can it go?

The major markets traded sideways for most of the day, with a slight bullish burst towards the end of the session. It seems like the bullish trend keeps continuing despite the fact almost everyone and their grandmother is imagining a bearish correction coming, but with the market seemimgly does not want to give up the gains its been wroking so hard for.

If the market does correct itself, we could see a solid 25-30 ES point drop to settle things out. Then we could see a continuation up to the 1000 line on the ES. If not we could see a continuation to 1000 but with the way the market has been on a tear it seems somewhat of a correction could be more likely that some profit taking would take place.