Today on the Marketbeat:

Market #'s @ Closing Bell:

S&P: +8
DOW: +50
NASDAQ: +22
Rus2K: +10
TSX/S&P: -60
$VIX: -1.26


Internals:

Core Sector List: 12/2

- NYSE -
BREADTH: 2/1 Pos
AD LINE: 1300

- NASDAQ -
BREADTH: 4/1 Pos
AD LINE: 1100

Today on the Marketbeat:The Market peeks it's head higher

Today the bullishness sentiment continued as the rally on the overall markets continued as the S&P pushed up in the early hours of trading. The market took over the 3rd pivot point of resistance before lunch time. and with relative ease. After that point however, the market tapered off as profits were taken in the afternoon hours, only to pull the last hour rally as investors sent the ES futures near the highs at the close... Confusing much?

The internals were a bit cloudy as the breadths didn't reflect the strong price action that the market witnessed today. The AD Lines tacked on decent gains, +1000 on both NYSE and NASDAQ, while the core sector list finished the day 12/4 tot he bulls. With the way the market collapsed into the afternoon and the breadth not matching the strength that the price action showed, keep a close eye on the longs as this rally looks to continue.

Happy Trading