Today on the Marketbeat:

Market #'s @ Closing Bell:

S&P: +2.4
DOW: +30
NASDAQ: +6
Rus2K: +3
TSX/S&P: + 116
$VIX: -0.22


Internals:

Core Sector List: 12/4

- NYSE -
BREADTH: 1.7/1
AD LINE: 620

- NASDAQ -
BREADTH: 1.1/1 Pos
AD LINE: 220

Today on the Marketbeat:

Today was a bit of an inside day. starting off bullish but fading into the later hours of trading. The market never really went into bearish mode today but one look on the daily chart of the SPY and you will notice two major topping tails. Does this mean the rally is done? We can't tell and since the internals are still backing up the bulls the rally could go into a consolidation mode for some time.

The internals were slightly bullish today but they were far from the strong levels that the market saw on the open. The consumer confidence report came in stronger than expected and gave the market some push in the early hours, but the bears were content to see the bulls stay where they stand for now

More economic reports and earnings are due this week so stay nimble

Happy Trading