Today on the Marketbeat: Tech Probs lead to unhead of trading sessions extention

Market #'s @ Closing Bell:

S&P: -26
DOW: -212
NASDAQ: -49
Rus2K: -18
TSX/S&P: -112
$VIX: +1.62


Internals:

Core Sector List: 16/0

- NYSE -
BREADTH: 13/1
AD LINE: -1930

- NASDAQ -
BREADTH: 6.6/1
AD LINE: -1600

Today on the Marketbeat: Tech Problems lead to unheard of trading sessions extension

With the fourth of July coming this weekend the market cut this week short, giving Friday off to traders to give them a chance to ring in the Independence day proper. I guess some people left a bit early as technical problems earlier into the day lead to the market doing an unprecedented after hours trading sessions, with the markets closing @ 4:15.

Most of the major indices lost a decent % this week, with all the major ones closing at least 1% lower for the week after today's big bearish drop off less than impressive jobless claim #'s on top of investors wanting to stay flat before the long weekend. Right now the # to watch is 880 on the SPX for a sign of continued weakness, if that level is broken then all the investors that were late to the bullish rally will be wrong in a big way.

Have a great long weekend, on behalf of the Vision Wealth Management team, Happy Trading and Vacation...

Today on the Marketbeat: Independence Day jitters

Market #'s @ Closing Bell:

S&P: +4
DOW: +57
NASDAQ: +10.5
Rus2K:
TSX/S&P:
$VIX: -0.11


Internals:

Core Sector List: 10/6 Bulls

- NYSE -
BREADTH: 2/1
AD LINE: +1440

- NASDAQ -
BREADTH: 2.2/1
AD LINE: +900

Today on the Marketbeat: Independence Day jitters

Today the equity market gaped up to decent highs but were not able to hold those highs, possibly due to investors not wanting to be long ahead of the numbers that are coming out tomorrow morning, jobless claims and others.

The Market seemed to give back a decent amount of gains internals as well as on the charts towards the end of the day, thus giving way to the idea that investors may not want to stay long ahead of those numbers. It is also a long weekend, the 4th of July celebrations are being held on Friday so this also could give way to the choppy slow price action today.

With these numbers coming out tomorrow morning we could see which way the market wants to go next into the long weekend.

Happy Trading

Today on the Marketbeat: Resistance isn't futile

Market #'s @ Closing Bell:

S&P: -8
DOW: -81
NASDAQ: -9
Rus2K: -1
TSX/S&P: -120
$VIX: +1.19


Internals:

Core Sector List: 15/1

- NYSE -
BREADTH: 2.4/1 Neg
AD LINE: -420

- NASDAQ -
BREADTH: 1.8/1 Neg
AD LINE: -340

Today on the Marketbeat: Resistance isn't futile

The second day of this week saw the market experience some chop and downward movement as the major indices all took a downward plunge Tuesday. As Canada Day approaches Wednesday up here in the north, the TSX is closed, but the US markets will be ready for business. It should be an interesting day as some economic reports hit the fan. Also this weekend is Independence Day down in the South, so if the market is going to make some moves it probably will take place in the next couple of days as Friday should see low volume as investors begin to take their summer vacations.

The internals today were mostly bearish, with a solid close on bearish numbers. However their are several moving averages still under the S&P 500 so watch the price levels and charts.