Today on the Marketbeat: Post #201

Market #'s @ Closing Bell:

S&P: -3
DOW: -15
NASDAQ: +1
Rus2K: -3
TSX/S&P: -14
$VIX: -0.07


Internals:

Core Sector List: 10/6 Bears

- NYSE -
BREADTH: 1.4-1 Neg
AD LINE: -400

- NASDAQ -
BREADTH: 1.5/1 Pos
AD LINE: -250

Today on the Marketbeat:

Wow I guess I was so full of turkey yesterday that I failed to notice that it was my 200th post, Epic. So after the lack luster Columbus/Thanksgiving day performance across the board investors were looking for Tuesday's action to give a better idea of what could be in store, however since there is so much earnings activity coming out Tonight through Friday, I suppose that the maxim of letting the market show its hand is in full swing. The markets were down for the most part of Tuesday's intra-day action, but the bulls did battle them back in the afternoon bringing the price close to break even on the close. The internals once again were the key to staying above the emotions as they were mostly in the red from the opening bell. The core sector list was the best place to start as it was ruled by the bears for the whole day, closing the day 10/6 to the bears. The Breadths closed mixed, with the NYSE in the red and the NASDAQ in the green while the ad lines were not so much help, both closing with a loss of ticks.

Tonight Johnson & Johnson release earnings as to Intel. Thursday is GOLDMAN SACHS and GOOGLE and there is no shortage of other big names that can defiantly move the market. Meredith Whitney downgraded Goldman Sachs from Buy to Hold this morning bringing that stock down heavily up until the closing hours as it rallied off its lows.

Here's some unusal option activity from today:

-AKAM oct 21 calls / LLCC: Nov 24 puts (Earnings tonight after close) / CHK: oct 30 calls / LRCX: selling Nov 30 calls / ITT: Calls active