Thursday, September 17, 2009

Today on the Marketbeat:




Market #'s @ Closing Bell:

S&P: -3
DOW: -7
NASDAQ: -5.75
Rus2K: -2
TSX/S&P: -66
$VIX: +0.06


Internals:

Core Sector List: 12/4 Bears

- NYSE -
BREADTH: 1.5/1 Neg
AD LINE: -370

- NASDAQ -
BREADTH: 2/1 Neg
AD LINE: -12

Today on the Marketbeat:

Well if this is the pullback that investors have been looking for, then the bulls are very strong. But this is probably not that time. The market closed slightly bearish today, as the 9 straight days of bullish higher closes comes to an end.

The internals finished the day barely in the red, but they did back up the price action which finished slightly in the red as well. Tomorrow is options expiry day so expect some choppiness in the afternoon

Happy Trading

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