Today on the Marketbeat:

Market #'s @ Closing Bell:

S&P: +19
DOW: +174
NASDAQ: +58
Rus2K: +16
TSX/S&P: +193
$VIX: -1.82


Internals:

Core Sector List: 15/1 Bulls

- NYSE -
BREADTH: 2.6/1 Bulls
AD LINE: +1760

- NASDAQ -
BREADTH: 13/1 Bulls
AD LINE: +1735

Today on the Marketbeat:

As Thursday comes to a close, we witness more bullish action on the Equity markets. The day got off to a sluggish start but action picked up before the day was done. Assuming we finish up tomorrow we can be witnessing the 3rd week of bullish movement.

The internals helped us stay on the right side of the trade, the Core Sector list closed the day at 15/1 and the Ad lines tacked on about 1700 ticks each. the breadths were interesting where the NYSE closed at 3/1 while the NASDAQ closed at 13/1 to the Bulls.

Tomorrow should be an interesting day, till then Happy trading

Today on the Marketbeat: Wild day for trading

Market #'s @ Closing Bell:

S&P: +7
DOW: +89
NASDAQ: +12
Rus2K: +9
TSX/S&P: -52
$VIX: -0.68


Internals:

Core Sector List: 14/2 Bulls

- NYSE -
BREADTH: 1.8/1 Bulls
AD LINE: 1174

- NASDAQ -
BREADTH: 1.75/1 Bulls
AD LINE: 1000

Today on the Marketbeat: Wild day for trading

Today marked the second day where 800 on the S&P 500 was the focal point for support. The day got off to a bullish start, up until the afternoon came when the market made a violent turn to the downside, losing 800 and the days pivots. In the last 30 minutes of trading the market did manage to rip back close to the highs.

Under the hood, the internals were up and down throughout the day, closing near the highs. The Core sector list came in at 14/2. The Ad Lines tacked on about 1000 ticks each and the breadths came in around 2/1 to the bulls.

Towards the end of the day the markets retook and closed above 800. So now we as personal investors wait to see what the market will throw at us tomorrow.

Today on the Marketbeat: Will 800 hold?

Market #'s @ Closing Bell:

S&P: -16
DOW: -117
NASDAQ: -30
Rus2K: -12.44
TSX/S&P: -139
$VIX: -0.85


Internals:

Core Sector List: 16/0 Negative

- NYSE -
BREADTH: 4.8/1 Neg
AD LINE: -1230

- NASDAQ -
BREADTH: 3.1/1 Neg
AD LINE: -1100

Today on the Marketbeat: Will 800 hold?

Another interesting day in the Markets as investors watched closely for the 800 level on the S&P to be held, and it did. However, this was a close call into the last 30 minutes of the day. The market had opened lower and slowly worked its way to the upside throughout the intra day session, but in the last bit of the day the market lost the pivot 804 on the ES futures. This was a yellow light for the bulls as in the last bit of the day we lost our strength, even though 800 was held.

The internals helped us stay on the right side of the trade. The core sector list pulled a 180 from yesterday closing @ 16/0 to the bears. The Ad Lines held up nicely off their lows and closed down around 1200 ticks on each. Rounding out the internals the breadth came in around 4/1 negative and the Vix dropped 0.85 pts.

Today on the Marketbeat: Greed re-enters the market

Market #'s @ Closing Bell:

S&P: +54
DOW: +500
NASDAQ: +83
Rus2K: +27
TSX/S&P: +423
$VIX: -3.51


Internals:

Core Sector List: 16/0

- NYSE -
BREADTH: 29/1
AD LINE: 2484

- NASDAQ -
BREADTH: 13/1
AD LINE: 1740

Today on the Marketbeat: Greed re-enters the market, Welcome back 800

Today the waiting came to a dramatic close as the billion dollar bailout package finally was passed and the markets met this news with a huge gap up on the opening bell. The buying didn't stop there as markets ripped up on a slow upward grind for the whole day. The day ended with a solid fundamental gain of 800 on the ES futures (S&P500). This has been a huge psychological level on the overall markets as this is the first time we have closed above it since Valentines day.

The internals were a bevy of bullish levels as the day closed 100% bullish. The Breadth closed at its highs and AD Lines tacked on some big gains as seen above. The Vix shaved off 2.5 and the Core sector list finished 16/0.

What I am looking out for is the market to hold 800 by tomorrow's close. After such a big bullish day we can expect to see a pullback off profit taking, but if the market holds 800 by closing bell then that puts us in a good position to continue this rally.

Happy Trading
the Marketbeat