Today on the Marketbeat:

Market #'s @ Closing Bell:

S&P: +0.12
DOW: +4
NASDAQ: +0.56
Rus2K: +0.09
TSX/S&P: +2.36
$VIX: +0.02


Internals:

Core Sector List: 10/6

- NYSE -
BREADTH: 1.1/ Neg
AD LINE: -120

- NASDAQ -
BREADTH: 1.1/1 Pos
AD LINE: +130

Today on the Marketbeat: Pure Chop

Another day, another 9-5 of choppy price action near the near term highs on the S&P 500. The market started off on a bullish note as the market moved off economic reports that fared better than expected, however when the high of the day (1032 on the ES futures), the market stalled and was never able to get its bullish footing back from the bears who have been battling it out with the bulls so far all of this week. This week is post options expiration week and they do tend to sometimes be more quiet trading times. However with the market having moved a sizable chunk off those July 13th lows, when Meredeth Whitney posted some good comments that sent the market into rally mode up till this point, the market is probably trying to figure out who wants the next leg better. Today marked a triple doji top on the SPY, which could lead to a major reversal of trend, under some watch one can see that the market featured a similar bottom prior to the July 13th lows. So stay nimble, plan your trade and trade your plan.

Happy Trading