Today on the Marketbeat: Market takes a cue from Katy Perry (Hot & Cold)

Market #'s @ Closing Bell:

S&P: -6.5
DOW: -83
NASDAQ: +2
Rus2K: +4
TSX/S&P: +91
$VIX: +0.28


Internals:

Core Sector List: 10/6 Bears

- NYSE -
BREADTH: 1.4/1 Neg
AD LINE: +200 Ticks (3000 ticks swing)

- NASDAQ -
BREADTH: 1.4/1 Pos
AD LINE: +135 ticks

Today on the Marketbeat: Market takes a cue from Katy Perry (Hot & Cold)


What a difference a day makes, After Mondays wild drop and yesterdays confusing bounce back into the range today spent a lot of the day starting lower and moving higher throughout the day, but as the day came to a close, the market lost the banking index and most of the tickers with solid gains lost them into the close.

The internals were mixed which points to the confusing nature of today's trading action. The sentiment is looking to be slightly bearish going into tomorrows trading, for day trading but swing traders have well defined lines to watch in order to keep their positions in check

Today on the Marketbeat: Building off the low

Market #'s @ Closing Bell:

S&P: +17
DOW: +124
NASDAQ: +35
Rus2K: +7
TSX/S&P:
$VIX:


Internals:

Core Sector List: 13/3

- NYSE -
BREADTH: 6.4/1
AD LINE: +1850

- NASDAQ -
BREADTH: 4/1
AD LINE: 1500

Today on the Marketbeat: Building off the low

Today the market built off the lows put in from yesterdays shellacking the market took. The market closed near the 50% retracement of yesterdays big drop, showing the bulls were open to buying the dip but not into taking it back all the way up just yet, as 850 on the ES (S&P) will act as a short term action point.