Market #'s @ Closing Bell:
S&P: +0.5
DOW: +17
NASDAQ: -5
Rus2K: -1
TSX/S&P:
$VIX: +0.38
Internals:
Core Sector List: 8/8
- NYSE -
BREADTH: 2/1 Neg
AD LINE: -501
- NASDAQ -
BREADTH: 1.2/1 Neg
AD LINE: -600
Today on the Marketbeat:
The markets finally looked to pull back more than just a couple of points on Monday, however the move lower was only a intraday move and was quickly bought up into the close. This puts us in a situation where several outcomes could be possible, the first we move higher after the market has moved lower and bounced off those levels. 2 - we could move lower after buyers bought up what they thought was a shake out. or lastly we could just chop around until something news wise pushes up either up or down. At either rate all these possibilities should be put into mind when planning trades.
Happy Trading.



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