Market #'s @ Closing Bell:
S&P: 14
DOW: 111
NASDAQ: 19
Rus2K:
TSX/S&P:
$VIX: -1.16
Internals:
Core Sector List: 15/1 Bulls
- NYSE -
BREADTH: 5/1
AD LINE: +1660
- NASDAQ -
BREADTH: 2.7/1
AD LINE: +340
Today on the Marketbeat:
The bulls continued their battle to regain lost ground. As was the case with Mondays trading the bullish sentiment started off early and moved higher as the day continued. The AD Lines and Breadths moved higher throughout the day and pegged those highs at the close.
Today's volume was higher than Mondays rally so it gives the bulls a little more leverage to their push higher. Also the VIX once again saw a sizable pullback. The Core Sector list closed the day 15 to 1 to the bulls.
As we approach past support turned new resistance, the market could stall if the bulls run out of bullets, but if the bulls are serious about regaining the ground lost last week then we could see more of this rally
Happy Trading



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