Today on the Marketbeat:

Market #'s @ Closing Bell:

S&P: 12
DOW: 122
NASDAQ: 29
Rus2K:
TSX/S&P:
$VIX:


Internals:

Core Sector List: 15/1 Bulls Neg

- NYSE -
BREADTH: 3.5/1 neg
AD LINE: -1500

- NASDAQ -
BREADTH: 3.1/1 neg
AD LINE: -1200

Today on the Marketbeat:

Wednesday got off to a bearish start, gaping lower on the news of the 'vote heard round the world' as the Democrats lost a seat and looking like they will not be able to push that health care bill just yet. This news sent the market in a free fall early in the session but the S&P futures the ES found a bottom after cracking the line in the sand aka 1130 and continued to rally off that low for the better part of the afternoon. This rally took back alot of the damage that the morning sell off set in, but could not capture back the loss taken on the gap. But keep a good eye on that gap area because it could lead to a fill sometime later this week, because as we all know 80% of gaps fill, and they act as very strong magnets, pulling price action near them

So with 1130 on the ES (S&P) well guarded by the bulls (or plunge protection team). The market continues to hold in a bit of a range. Which brings us to one stock that has been mirroring this range very well. Ticker symbol V, or Visa has been in a range for over 2 weeks and when this breaks it could move quite a bit in whichever direction it chooses so keep an eye on that.

Happy Trading

Today on the Marketbeat:

Market #'s @ Closing Bell:

S&P: +14
DOW: +115
NASDAQ: +30
Rus2K: +10
TSX/S&P: +10
$VIX: -0.40


Internals:

Core Sector List: 16/0 Bulls

- NYSE -
BREADTH: 5.5/1
AD LINE: +1700

- NASDAQ -
BREADTH: 3.4/1
AD LINE: +1000

Today on the Marketbeat:

The week shot off to a bullish start Tuesday as the markets started back up after the long weekend. News of Apple's potential iSlate & new iPhone OS 4.0 sent AAPL soaring throughout the day, closing the day up over 9 dollars. Almost every other sector in the core sector was in the Green today as the market rallied off of Friday's option expiry sell off.

The internals, which had started the day off mixed and not very strong to either side, rallied with he market and closed the day nearly pegging the highs, leading the way was the NYSE Breadth and the core sector list. While the VIX has continued to drop, finishing the day down 0.40 pts.

Earnings will continue to be the headliners as this shortened week continues

Happy Trading