Today on the Marketbeat:

Market #'s @ Closing Bell:

S&P: +10
DOW: +106
NASDAQ: +29.5
Rus2K: +9
TSX/S&P: +126
$VIX: -1.40


Internals:

Core Sector List: 16/0

- NYSE -
BREADTH: 3.8/1 Pos
AD LINE: +1620

- NASDAQ -
BREADTH: 5/1 Pos
AD LINE: +1300

Today on the Marketbeat:

The market clawed back some of its lost ground once again today as the market pushed higher after yesterdays chop fest. Although the S&P fell a little short of regaining the lost support of 1080, it did peg that # in today's trading. The volume was also a not too bad today as the bulls were in late week rally mode, up slightly from yesterdays volume.

Under the hood,the market was strong to the upside with all of the internals finishing in the green today. The Core sector list led the way finishing at the high of the day @ 16/0 to the Bulls. The Ad Lines both finished up over 1000 ticks, and the Breadths closed the day @ 3.8/1 on the NYSE and 5/1 on the NASDAQ both to the upside. The Vix lost a good chunk, down 1.4pts in today's trading.

Some economic data remains for Friday's trading so be careful if you initiated any new long positions, as Friday could be a hectic day. Monday is a holiday also so keep that in mind as next week is expiration week.

Happy Trading

Today on the Marketbeat:

Market #'s @ Closing Bell:

S&P: +11
DOW:
NASDAQ: +17
Rus2K:
TSX/S&P:
$VIX: -0.55


Internals:

Core Sector List: 16/0 Pos

- NYSE -
BREADTH: 7/1 Pos
AD LINE: +1700

- NASDAQ -
BREADTH: 3.5/1 Pos
AD LINE: +1100

Today on the Marketbeat:

The S&P recaptures the 1070 flag..

Well after Mondays move lower on the market, Tuesday looked to recapture some of the lost ground as the ES futures opened the day with a gap up of about 10 pts. However, with the market unable to push to relative higher highs on the day, that gap nearly filled before 11am, but when all the traders went on lunch, the market rallied into new intra day highs, hitting 1077 before it would retrace into a channel for the most part of the afternoon. The market closed a bit off its highs, but it did gain a solid amount, closing the day around 1067 on the ES.

The internals spent the majority of the day in bullish mode with the core sector list leading the way with a 16 over 0 close to the bulls. The Vix lost about 55 cents as the fear was not an issue in today's trading. The Breadths closed the day at their highs with the NYSE breadth finishing @ 7/1 positive and the NASDAQ @ 3.5/1 Pos... Overall a strong performance by the bulls price wise and under the hood.

BIDU released earnings after hours and from the looks of the after hours trading it is up huge around 34 pts to the upside as of 5pm. This could be a big impact player for the bulls camp on the NASDAQ tomorrow so watch for more news on this

Happy Trading

Today on the Marketbeat:

Market #'s @ Closing Bell:

S&P: -9.5
DOW: -103
NASDAQ: -15
Rus2K: -6
TSX/S&P: -114
$VIX: +0.44


Internals:

Core Sector List: 14/2 Bears

- NYSE -
BREADTH: 3.3/1 Neg
AD LINE: -900

- NASDAQ -
BREADTH: 2.5/1 Neg
AD LINE: -875

Today on the Marketbeat:

The week of trading got off to an interesting start Monday as the market pulled a bit of a reversal late in the day Friday, recapping alot of the lost ground which may have led traders to think that the market could be in for a rally this morning, and for the first couple of trading hours today the market did just that. However hitting the days high around 1068.5 on the ES Futures around 11am, the market rolled over and finished the day lower once again across the board.

Under the hood the internals battled from bears, to bulls all day until the bears pulled away with it in the last hours of trading. All the internals closed in the red today, with the VIX moving higher once again. The Core Sector list closed the day 14/2 to the bears while the NYSE and NASDAQ breadth closed the day pegging the lows.

Keep an eye on S&P 1050, if that support level is broken then we could fall as low as 1010...

Happy Trading