Today on the Marketbeat:

Market #'s @ Closing Bell:

S&P: +7
DOW: +83
NASDAQ: +17
Rus2K: +4
TSX/S&P: +57
$VIX: -1.02


Internals:

Core Sector List: 14/2

- NYSE -
BREADTH: 3/1
AD LINE: 1150

- NASDAQ -
BREADTH: 2.2/1
AD LINE: 475

Today on the Marketbeat:

Well with the lack of the break through 1100 on the SPX yesterday, the big question was could the market push higher today? Well that was answered today as the market, moved by the bulls, pushed through that all important number of 1100 on the SPX and the ES futures, and held it into the close. Another important number to keep in mind after today's trading is the 50 day MA (Moving Average). We essentially pegged it in today's trading so it should be interesting to see what the market will do now that it has reached a big MA level and has pushed in rally mode for a bit of an extended run.

The internals were essentially in the green today with the core sector list closing the day up 14 to 2 for the bulls, while the Breadths finished the day at 3/1 on the NYSE and 2.2/1 on the NASDAQ. The vix continued its downward slide, down just a little over a point while the AD Lines closed the day positive.

Its important to note that tomorrow is Options Expiry so if you have any February options be ready to sell them before the bell if you haven't already. I've been tinkering with some different kinda of spreads to help deal with this volatility and sometimes drastic ranges in the market. This weekend ill post some of the new ideas I'm looking at for the new month.

Till then Happy Trading