Today on the Marketbeat:

Market #'s @ Closing Bell:

S&P: -3
DOW: -39
NASDAQ: -18
Rus2K: -4.75
TSX/S&P: +28
$VIX: +0.01


Internals:

Core Sector List: 12/4 Bears

- NYSE -
BREADTH: 2/1 Pos
AD LINE: -590

- NASDAQ -
BREADTH: 2/1 Neg
AD LINE: -700

Today on the Marketbeat: The market continues to hold on

Another day another dollar as the equity markets come to a close for this Wednesday, August 5th. The market got off to another bearish start, this time it managed to hold onto the red till the closing bell as the market climbed off the lows of today and managed to hold onto this range once more. Also once more, the S&P managed to cling onto 1000 for the 3rd straight day which speaks for the resilience for the bulls.

Under the hood some troubling thoughts are brewing as the NYSE breadth was bullish for most of the day despite the fact the market was lower for the day. This could mean that there is a growing divergence in the breadth compared to the price action, but could of been a one day occurrence, keep a keen eye out for it.

Thursday could be a bit more of the same as we await for more economic data to come out later this week.