Today on the Marketbeat:

Market #'s @ Closing Bell:

S&P: -6
DOW: -26
NASDAQ: +3
Rus2K: -3.7
TSX/S&P: -12
$VIX: +0.37


Internals:

Core Sector List: 13/3 Bulls

- NYSE -
BREADTH: 3/1 Neg
AD LINE: -700

- NASDAQ -
BREADTH: 1/1
AD LINE: -450

Today on the Marketbeat:

After two consecutive strong showings by the bulls Wednesday evened things out, with either the bulls or bears able to get the market moving deep in either direction. The bears did however have a slight edge on the market, edging out the bulls on the close. The bears also seemed to have an edge on the bulls on the internals as well, with only the NASDAQ closing the day up, the S&P and DOW both closed slightly lower price wise and under the hood.

The NASDAQ was lead by its four horsemen, AAPL and GOOG finished the day up almost 2%, while RIMM closed the day up 3.4% on the day. While the bears did edge the bulls out today they did not have the strength or momentum to move the market much lower, which lends to the idea that we could have seen a short term bottom/support. This doesn't mean by any stretch that the market is done moving lower, it just could imply that the market is happy where it is.

Happy Trading