Today on the Marketbeat:

Market #'s @ Closing Bell:

S&P: -10
DOW: -41
NASDAQ: -23
Rus2K: -44
TSX/S&P: -206
$VIX: +1.40


Internals:

Core Sector List: 15/1 Neg

- NYSE -
BREADTH: 6.5/1
AD LINE: -1600

- NASDAQ -
BREADTH: 5/1
AD LINE: -1400

Today on the Marketbeat: The pullback is here

The pullback that many have been waiting for for weeks has finally come. After the SPX hit the downtrend line from the highs of last year the market turns down a decent chunk as stocks across the board hit the red for what seems the first time all summer. Does this mean it will continue to drop? It could... but we here at Vision Wealth Management don't believe in being speculative, we rather watch what the market does first. This from what it seems is a technical bounce and is around areas of support, so we could just see some chop Friday or we could see it continue.

The internals were pretty much all red today and were like that for the most part of the day. The VIX finally tacked on some solid gains as the market dropped, showing fear is creeping back in the market

Happy Trading