Today on the Marketbeat:

Market #'s @ Closing Bell:

S&P: -12
DOW: -96
NASDAQ: -22.5
Rus2K: -8
TSX/S&P: -154
$VIX: +0.80


Internals:

Core Sector List: 13/3

- NYSE -
BREADTH: 4.3/1 Neg
AD LINE: -1440

- NASDAQ -
BREADTH: 3.2/1 Neg
AD LINE: -1200

Today on the Marketbeat: The Internals tell the story

With a second consecutive bearish close across the board, the S&P finally loses 1000 closing @ 994. The internals were basically a saving grace to any trader looking to avoid frustration as the market chopped back and forth throughout the afternoon. The day started with a bearish cue as the market lost all 3 levels of the daily pivots points in the morning. Trading the plummet down wasn't the issue today as was waiting for a cue in the afternoon.

Tomorrow is the FOMC Minutes as Bernake returns to the stage to speak about the economy. Its not likely they are going to cut or raise rates, but once again what's important is the language they use as they speak. The Market is likely to trade choppy leading into the minutes release around 2-2:10 pm est.

Here are some unusual trading Options: WYE: oct calls / XLNX:aug22puts / HES: aug 60 / MFE: aug 45 / HANS / HSP/ ABFS

Happy Trading