Today on the Marketbeat:

Market #'s @ Closing Bell:

S&P: +4.7
DOW: +21
NASDAQ: -3
Rus2K: -1
TSX/S&P: -47
$VIX: +0.32


Internals:

Core Sector List: 12/4

- NYSE -
BREADTH: 2/1
AD LINE: 261

- NASDAQ -
BREADTH: 1.1/1
AD LINE: -150

Today on the Marketbeat: The market has a shaky start.

Well it was a nice week off but I'm back to work now, and I couldn't of picked a better day to come back as the market gets off to a shaky start during one of the most interesting earnings weeks in some time with J&J, Goldman Saches, Pepsi, Citigroup and Google all reporting earnings later this week.

The internals gave way around 2pm when the sell off first started happening off what seemed to be no news, although the dollar did rally a bit which could of given equity investors reason to jump ship and take some profits off the table after the gap open. After the gap filled to the penny the market rallied off that and chopped around the 1st resistance pivot and closed the day at that area.

J&J releases earnings tomorrow and Google and GS on Thursday so keep your eyes peeled, If the market looses 1070 on the SPX then take profits and possibly initiate some shorts, if we take out 1080 tot he upside some longs might be a good idea.

Happy Trading