Market #'s @ Closing Bell:
S&P: +4.5
DOW: +40
NASDAQ: +12
Rus2K:
TSX/S&P:
$VIX: -0.53
Internals:
Core Sector List: 10/6/
- NYSE -
BREADTH: 2/1 Pos
AD LINE: 1000
- NASDAQ -
BREADTH: 2/1 Pos
AD LINE: 500
Today on the Marketbeat:
Wednesday saw the $SPX hit 1100 for a brief moment as the market hit another new high this week as it continues to reclaim those lost levels of support that broke a couple weeks ago. Although the market did break through 1100 on the $SPX it did not hold these levels and failed to close above it by half a point. On the ES Futures, it wasn't strong enough to break the 1100 mark as it fell short of hitting it by a 1/4 of a point near closing bell.
Although the market hit new highs it spent the better part of today's trading day chopping, or channelling between 1099 and 1093. The internals were bullish but not as strong as the past days of the bullish run, the Core Sector list closed the day at 10/6 for the bulls, while the breadths closed the day at 2 to 1 for the bulls. The VIX posted a loss of about 53 cents and the AD Lines closed the day up 1000 on the NYSE and 500 on the NASDAQ.
Happy Trading



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