Wednesday, December 16, 2009

Today on the Marketbeat:




Market #'s @ Closing Bell:

S&P: +1
DOW: -10
NASDAQ: +5
Rus2K: +4
TSX/S&P: +112
$VIX: -0.45


Internals:

Core Sector List: 10/6 Bulls

- NYSE -
BREADTH: 1.2/1
AD LINE: +880

- NASDAQ -
BREADTH: 2/1
AD LINE: +440

Today on the Marketbeat: FOMC Monster Truck

Well another FOMC day has come and gone with not too much to show from it. The market opened the day with a gap up and a push higher, however the rally did take a pause and fall after the FOMC minutes. The Market has been floundering around the 50% area of the Oct 07 highs and the March lows for quite some time now, not being able to lift higher or fall lower without some big piece of news or market moving information.

The internals today were bullish but towards the end of the day lost alot of its strength as the market sold off. After losing the resistance pivots the market did hold onto some gains, 1 pt on the S&P but fell on the Dow. The Core sector list closed the day 11 to 5 to the bulls and the breadths closed the day barely in the green.

Research in Motion (RIMM) is set to release earnings tomorrow after the bell and FSLR are holding a meeting tonight to discuss the forecast of 2010. These are 2 potential movers for the end of the week, and in a market this iffy, these both could shift the market one way or another so stay nimble.

Happy Trading

Monday, December 14, 2009

Today on the Marketbeat:



Market #'s @ Closing Bell:

S&P: +7.5
DOW: +29
NASDAQ: +21
Rus2K:
TSX/S&P:
$VIX: -0.50


Internals:

Core Sector List: 16/0

- NYSE -
BREADTH: 2.1/1
AD LINE: 1400

- NASDAQ -
BREADTH: 3.5/1
AD LINE: 600

Today on the Marketbeat: Another day another dollar...

Another Monday morning gap opened this week this morning, however the gap filled around 11am. That wasn't the end of the bulls though, as they pushed higher into the afternoon but failed to do much more than gap there after. Gold was up but not up to its high flying ways like from weeks before. It seems like the market is ready for Christmas vacation but with alot of earnings announcements this week that is highly unlikely.

The internals were all in the green today as the bulls led the market internals today with the breadth and ad lines closing near the highs and the core sector list pegging the day at 16 to 0 to the bulls..

Earning's of note tomorrow are Best Buy (BBY) and this week RIMM will be releasing their quarterlies on Thursday...

Happy Trading

Today on the Marketbeat:



Market #'s @ Closing Bell:

S&P: +7.5
DOW: +29
NASDAQ: +21
Rus2K:
TSX/S&P:
$VIX: -0.50


Internals:

Core Sector List: 16/0

- NYSE -
BREADTH: 2.1/1
AD LINE: 1400

- NASDAQ -
BREADTH: 3.5/1
AD LINE: 600

Today on the Marketbeat: Another day another dollar...

Another Monday morning gap opened this week this morning, however the gap filled around 11am. That wasn't the end of the bulls though, as they pushed higher into the afternoon but failed to do much more than gap there after. Gold was up but not up to its high flying ways like from weeks before. It seems like the market is ready for Christmas vacation but with alot of earnings announcements this week that is highly unlikely.

The internals were all in the green today as the bulls led the market internals today with the breadth and ad lines closing near the highs and the core sector list pegging the day at 16 to 0 to the bulls..

Earning's of note tomorrow are Best Buy (BBY) and this week RIMM will be releasing their quarterlies on Thursday...

Happy Trading