Today on the Marketbeat:

Market #'s @ Closing Bell:

S&P: +3
DOW: +56
NASDAQ: +9
Rus2K: +3.8
TSX/S&P: +123
$VIX: -0.54


Internals:

Core Sector List: 10/6

- NYSE -
BREADTH: 2.3/1
AD LINE: 1150

- NASDAQ -
BREADTH: 1.8/1
AD LINE: 800

Today on the Marketbeat:

8 Straight days with Higher highs on the $SPX. When will the retracement occur?. Today the market slugged its way higher as once again the $SPX is seeing higher highs and continues to be bullish in the face of overextension. The Shadowtrader, Peter Reznichek mentioend today that the market likes to cycle in odd numbers, so if we saw another Higher High tomorrow than it could mark a possible short term top in this latest run up.

The internals really helped keep the emotions at bay today as they led the way allday showing decent bullish levels as most top line figures hit new highs once more. But the bottomline has to be stay nimble, when the market gives us a signal that something has changed we adjust, until then the trend is your friend.

Happy Trading