Today on the Marketbeat:

From

Market #'s @ Closing Bell:

S&P: +7
DOW: +61
NASDAQ: +13
Rus2K: +4.6
TSX/S&P: +2.71
$VIX: +0.24


Internals:

Core Sector List: 12/4

- NYSE -
BREADTH: 1.4
AD LINE: +700

- NASDAQ -
BREADTH: 2.5
AD LINE: +745

Today on the Marketbeat: Another Wacky Wednesday

With a huge downward swing on Monday, then a reversal yesterday, almost anything could and DID happen today. First the market gaps down about 12 ES points, but after the 5 min low it reversed and climbed 20 pts before retracing at the 3pm reversal time. There was alot of out of nowhere spikes today that basically are adding to this being a traders market. Their are plenty of intraday plays to take, you just have to be on them and take the trigger, I however have missed some good plays this week but the buffet is always here.

The internals started the day out very bearish but as the market rose the internals followed finally evening up with the price action. The VIX closed up despite the market closing higher for the day, which might be partly due to this week being options expiry week, so remember if you are holding a position with an August front month, be sure to liquidate if you don't want any surprises.

Happy Trading