Today on the Marketbeat: The taking of Spooze 915...again

Market #'s @ Closing Bell:

S&P: +19
DOW: +172
NASDAQ: +37
Rus2K: +12
TSX/S&P: +246
$VIX: -2.64


Internals:

Core Sector List: 16/0

- NYSE -
BREADTH: 8/1 Pos
AD LINE: +1900

- NASDAQ -
BREADTH: 7.5/1 Pos
AD LINE: +1700

Today on the Marketbeat: The taking of Spooze 915...again

After a lackluster couple of days in the market this week, the Bulls finally found their footing and posted a solid rally across the whole board. The internals closed very strong as the market closed near the highs of the day. What made today a little more bullish was the fake out before the close of the market, giving the market a close above 915 again. This could lead to more rallying to close the week but that shall be seen if it does lead to more buying. If it does we could witness a retest of 950 on the SPX and see the VIX fall even lower. If the selling continues we could see 880 retested in the coming days.

Happy Trading

Today on the Marketbeat: Bullish Attempt barely holds 900

Market #'s @ Closing Bell:

S&P: +5
DOW: -23
NASDAQ: +27
Rus2K: +
TSX/S&P: +
$VIX: -


Internals:

Core Sector List: 13/3

- NYSE -
BREADTH: 2.9/1
AD LINE: +1360

- NASDAQ -
BREADTH: 7.8/1
AD LINE: +500

Today on the Marketbeat: Bullish Attempt barely holds 900

After the chop-fest of yesterday the market gaped open today and rallied into the afternoon. However with the FOMC Minutes coming out at 2pm eastern today the market was unable to hold on to the highs of the day, however it did hold 900 on the SPX

Internals were bullish on the day with the core sector list closing the day at 13/3 to the bulls and the AD Lines tacking on 1300 and 500 ticks on the NYSE and NASDAQ respectively. Lastly the Breadth was bullish closing the day at 2.9 to 1 on the NYSE and 7.8 to 1 on the NASDAQ.

Today on the Marketbeat: S.O.H

Market #'s @ Closing Bell:

S&P: +2
DOW: -16
NASDAQ: -1.25
Rus2K: -2
TSX/S&P: +30
$VIX: -0.60


Internals:

Core Sector List: 10/6

- NYSE -
BREADTH: 1.5/1
AD LINE: -150

- NASDAQ -
BREADTH: 1/1
AD LINE: -500

Today on the Marketbeat: S.O.H

After a whallop of a start to the week yesterday, the market took a breather today chopping around all day within a 9 pt channel on the ES (S&P500). The biggest movers today were stocks that have been whooped the past week or two bouncing off their lows. The market may have been calm due to the FOMC minutes comign out tomorrow but with the rates expected to remain the same, it may have just been after a huge bearish open, the sellers and buyers just needed to take a day to see where the market stands.

Internals were split down the middle with the core sector list closing slightly bullish while the breadthe and AD Lines were pretty much at parady.

Till tomorrow keep your eyes on the internals and Happy Trading....

Today on the Marketbeat: The Comatosed Iguana returns

Market #'s @ Closing Bell:

S&P: -28
DOW: -200
NASDAQ: -53
Rus2K: -17
TSX/S&P: -433
$VIX: +2.96


Internals:

Core Sector List: 15/1

- NYSE -
BREADTH: 14/1
AD LINE: -2300

- NASDAQ -
BREADTH: 8.2/1
AD LINE: -1800

Today on the Marketbeat: The Comatosed Iguana returns

A strongly bearish open in Monday's trading, 915 on the S&P has been lost with strength and volume to back it, now investors will watch 880 on the S&P. With a loss of over 3% on the major exchanges, combined with other important technical levels shed the next important level to watch over the course of this week is 880 on the S&P. If that level is shed then the market could be in a free fall mode after this springs bear market rally. Everyone that was late to the bull rally will be at a point where they are all now in the wrong and will help push the market lower as they cover.

Of course, the market could always rebound - we must always be aware of the possibility of the market doing multiple things. But with the late day sell off adding to the bearish levels if anything it could just be a Comatosed Iguana bounce... Bottom line watch the internals to make sure your on the right side of the trade.

Happy Trading...