Today on the Marketbeat: G20 = Rally?

Market #'s @ Closing Bell:

S&P: +23
DOW: +216
NASDAQ: +51
Rus2K: +20
TSX/S&P: +122
$VIX: +0.02


Internals:

Core Sector List: 13/3

- NYSE -
BREADTH: 11/1 Bulls
AD LINE: +2300

- NASDAQ -
BREADTH: 6/1 Bulls
AD LINE: +1600

Today on the Marketbeat: G20 = Rally?

Today the market got off to a big rally to the upside and pretty much never looked back, the action took us up to the 840 area on the ES (S&P) futures. The end of the day did bring in some heavy profit taking but that is to be expected before the release of more numbers tomorrow on top of a huge rally week.

Under the hood the internals once again led the personal investor on the right side of the trade, as the Core sector list closed the day at 13/3 with the AD Lines tacking on 2300 and 1600 ticks on the NYSE and NASDAQ respectively. The Breadth closed the internals at 11 and 6 to 1.

Today on the Marketbeat: Wacky Wednesday

Market #'s @ Closing Bell:

S&P: +14
DOW: +152
NASDAQ: +20
Rus2K: +5.11
TSX/S&P: +198
$VIX: -1.79


Internals:

Core Sector List: 15/1 Bulls

- NYSE -
BREADTH: 4.7/1 Bulls
AD LINE: 1480

- NASDAQ -
BREADTH: 2.4/1 Bulls
AD LINE: 1300

Today on the Marketbeat: Wacky Wednesday

Well another Wednesday has come and gone in the equity markets, as the exchanges close another day higher across the board. The Bank sector was strong off the opening bell and helped carry the S&P up to the days high at around 810. However despite the bullish pop in the morning session the markets came into a bit of a battle near the highs as the market tested the Value area high in the afternoon session. Into the close the markets closed near their highs of the day, @ 806 on the ES Futures.

Under the hood the core sector list lead the way at 15/1 to the bulls while the Ad Lines tacked on some solid gains. The Breadths closed the day near their highs at 4.7/1 on the NYSE and 2.5/1 on the NASDAQ. While the VIX closed the internals closing down 1.79

Today on the Marketbeat: Bear Market Drop

Market #'s @ Closing Bell:

S&P: -28
DOW: -254
NASDAQ: -47
Rus2K: -13
TSX/S&P: -320
$VIX: +4.88


Internals:

Core Sector List: 16/0 Bears

- NYSE -
BREADTH: 20/1 Neg
AD LINE: -2470

- NASDAQ -
BREADTH: 6/1 Neg
AD LINE: -1450

Today on the Marketbeat: Bear Market Drop

It's a pretty well known fact that some of the sharpest, fast paced bull rallies happen in the context of a Bearish market, however, after 3 weeks of steady bullish days we witnessed today one of the opposites - a huge bearish washout.

Although a majority of the bearish drop took place pre-market, as markets were lower last night. It still shouldn't be seen as much of a surprise as the last 3 weeks have seen a new comfort with buying into the market. Today. as the markets opened the psychological level of 800 had been lost, and throughout the day tacked on about 10pts more lost (on the S&P ES Futures). Internals did pick up to the downside as the day went on, closing near the lowest levels of the day.

On the news front the Obama administration took action in terms of the Automotive industry cutting loose former GM CEO trying to give these North American based automakers a push.