Market #'s @ Closing Bell:
S&P: +2
DOW: +45
NASDAQ: - 4
Rus2K: -0.3
TSX/S&P: -5
$VIX: -0.54
Internals:
Core Sector List: 8/8
- NYSE -
BREADTH: 1.5/1 Pos
AD LINE: +530
- NASDAQ -
BREADTH: 1.1/1 Neg
AD LINE: -200
Today on the Marketbeat:
The first trading day of the week has come and gone once again, however bucking the trend of late to open up the week with a gap in either direction today got started with a small gap but moved off the higher open and chopped around very much contained in the lows and highs of the day. It (the Market) did however closed near the highs put in by the gap up but was not up to its normal strong self, showed in the internals which were anything but strong today.
Leading the internals to the upside was the NYSE on the breadth and a/d line closing higher on both while the NASDAQ closed in the negative today. The Core sector list put in another Christmas tree formation, closing the day 50/50 to the bulls and bears respectively. The Vix lost more ground again today minus the choppy aspect of today's trading, giving it another low in it's continuously lower and lower lows.
The new years earnings season will start tonight with Alcoa (AA) setting off the gala of economic reports. If Alcoa hits the ball outta the park (or fails to get a hit) it could be a big market mover on the DOW Tuesday and also set the mood for upcoming earnings releases so keep your eyes on how that plays out.
Happy Trading
S&P: +2
DOW: +45
NASDAQ: - 4
Rus2K: -0.3
TSX/S&P: -5
$VIX: -0.54
Internals:
Core Sector List: 8/8
- NYSE -
BREADTH: 1.5/1 Pos
AD LINE: +530
- NASDAQ -
BREADTH: 1.1/1 Neg
AD LINE: -200
Today on the Marketbeat:
The first trading day of the week has come and gone once again, however bucking the trend of late to open up the week with a gap in either direction today got started with a small gap but moved off the higher open and chopped around very much contained in the lows and highs of the day. It (the Market) did however closed near the highs put in by the gap up but was not up to its normal strong self, showed in the internals which were anything but strong today.
Leading the internals to the upside was the NYSE on the breadth and a/d line closing higher on both while the NASDAQ closed in the negative today. The Core sector list put in another Christmas tree formation, closing the day 50/50 to the bulls and bears respectively. The Vix lost more ground again today minus the choppy aspect of today's trading, giving it another low in it's continuously lower and lower lows.
The new years earnings season will start tonight with Alcoa (AA) setting off the gala of economic reports. If Alcoa hits the ball outta the park (or fails to get a hit) it could be a big market mover on the DOW Tuesday and also set the mood for upcoming earnings releases so keep your eyes on how that plays out.
Happy Trading



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