Today on the Marketbeat:

Market #'s @ Closing Bell:

S&P: +1
DOW: +2
NASDAQ: -8
Rus2K: -1.5
TSX/S&P: +60
$VIX: -0.20


Internals:

Core Sector List: 12/4 Bulls

- NYSE -
BREADTH: 2.4:1
AD LINE: +600

- NASDAQ -
BREADTH: 1.4:1
AD LINE: -280

Today on the Marketbeat:

Half way through the first trading week of the year and the market has put in a second consecutive day of chop. The markets seemed a bit bearish this morning, similar to Tuesdays opening but once again the bulls pushed up again for a new 12 month high on the SPX (however slight it may have been)

The internals were bullish across the board with the exception of the NASDAQ A/D line which was a little over 200 ticks under today. The VIX again shed some more weight as it hit a 18 month low today dropping 20 cents and the breadths both finished the day on the bullish side

The line in the sand continues to be 1130 on the ES (S&P). If it violates that area with some volume we may see a pullback, even if a short one it may be playable. On the flip side if the market continues to rip we may see continued bullish sentiment across the board, only time can tell.

Until next time, Happy Trading