Today on the Marketbeat:

Market #'s @ Closing Bell:

S&P: -3
DOW: -29
NASDAQ: -1.8
Rus2K: -2
TSX/S&P: +34
$VIX: -0.24


Internals:

Core Sector List: 13/3 Bears

- NYSE -
BREADTH: 1.7/1
AD LINE: -670

- NASDAQ -
BREADTH: 1.4/1
AD LINE: -117

Today on the Marketbeat:

Wow.... I just got awakened by the closing bell, and Brad the Shadow trader giving the day's wrap up... Ok im kidding I wasn't sleeping but give one good look at today's intraday action and you could of sworn that the market took a cue out of Green Day's smash up "Wake me up when September Ends". The market began the day with a gap lower that was filled fairly quick, but after the morning rush the market didn't do much of anything. In fact the whole day was spent in between the overnights high's and low's. Interesting when you think about it. Yesterday the big money was busy selling, but today the big money was niether favouring the bulls or bears. One market did move, and move big today - Gold rallied all day long, hitting new highs up until the close. Keep an eye out for gold mining stocks, GG - ABX for example

Many investors may be waiting up for Friday's economic reports to make further moves, but that doesn;t mean the market won't be actionable tomorrow. Watch the 980 area on the S&P for a possible bounce area if the bearish slide continues. If that area is taken out, then all those investors that went long at this area will be wrong and might be forced to cover.

Happy Trading