Today on the Marketbeat:

Market #'s @ Closing Bell:

S&P: -8
DOW: -48
NASDAQ: -20
Rus2K: -8
TSX/S&P: -130
$VIX: +1.40


Internals:

Core Sector List: 14/2 Neg

- NYSE -
BREADTH: 3.9/1 Neg
AD LINE: -1400

- NASDAQ -
BREADTH: 1.5/1 Neg
AD LINE: -1200

Today on the Marketbeat:

With the end of last week coming to a somewhat un-eventful close, this week got off to an exciting start as the market gaped down 10 ES points on the opening bell. The weakest of the indices was the NASDAQ, with one glance of a long term chart of the COMP, one sees that from the High of Oct 07, to the lows of this past March, we almost pegged the 50% retracement line with last weeks high. Although the overall market condition was weaker today, most of the weakness happened on the opening bell or subsequently soon after. So the bulls seemed to be content with the level that was holding for the most part of the day. The internals once again helped the trader stay on the right side of the trade, as they did not go lower for the remainder of the day. So weakness on the open but not continued weakness throughout the day... Can someone say mixed feelings on the market? Keep your eyes on the economic reports coming out this week as they will most likely be a big sign of whats to come this week.

Happy Trading