Today on the Marketbeat:

Market #'s @ Closing Bell:

S&P: -10
DOW: -80
NASDAQ: -5
Rus2K: -4
TSX/S&P: -42
$VIX: +0.52


Internals:

Core Sector List: 14/2 Neg

- NYSE -
BREADTH: 4/1 Neg
AD LINE: -870

- NASDAQ -
BREADTH: 1.8/1 Neg
AD LINE: -500

Today on the Marketbeat: The trap door opens?

Well after weeks and weeks of stables gains into the close, today the market lost 10 points on the SPX and did it mostly when the bulls usually stepped in. This could mark a short term top if the bulls don't back up this action into the weekend, and if it is it could be a real trip.

The internals were the sign to help us stay on the right side today as they shifted hard into 3pm today. The VIX also pulled some gains on as the market sold off. This sell off was broad and heavy as the core sector list went from green to red really quick.

As the FOMC minutes are over and gone for awhile we watch for earnings, specifically RIMM who come out with their earnings Thursday night after the close and could be a big mover for the tech heavy NASDAQ.

Happy Trading