Today on the Marketbeat:

Market #'s @ Closing Bell:

S&P: -28
DOW: -225 (-2%)
NASDAQ: -75
Rus2K: -23
TSX/S&P: -165
$VIX: +3.84


Internals:

Core Sector List: 16/0

- NYSE -
BREADTH: 15/1
AD LINE: 2200

- NASDAQ -
BREADTH: 10/1
AD LINE: 2000

Today on the Marketbeat:

The markets were down 2% across the board, the VIX ripped with the market slide as all sectors take a hit Tuesday. After months of gains in the markets, investors - big money or personal have been watching for an extended pullback, and by extended I mean a pullback that lasts longer than a couple hours or one day. The market has moved lower 3 times in the past 7 trading day and each pullback has been greater than the bounce there after.

The internals were all bears today, with the core sector list pegged 16 to 0 to the bears. The Breadths both finished heavily bearish, the NYSE closed the day 15 to 1, and the NASDAQ 10 to 1, while the VIX rose almost 4 pts to close at the highest level in almost 3 months.

Who knows if this pullback will continue as a move lower could still be considered 'healthy' to many investors and TV heads. The bottom line is establish a solid level of support and resistance for your trades and trade your plan. Happy Trading