Wednesday, March 3, 2010

Today On The Marketbeat:







Market #'s @ Closing Bell:

S&P: +0.5
DOW: -9
NASDAQ: 0
Rus2K:
TSX/S&P:
$VIX: -0.22


Internals:

Core Sector List: 9/7

- NYSE -
BREADTH: 1.2
AD LINE: +270

- NASDAQ -
BREADTH: 1.1
AD LINE: +170

Today on the Marketbeat: Another Day, Another dropper...

For the second consecutive day, the bullish push from the morning session is all but wiped out in the afternoon. Yesterday saw a slight bullish push higher, and today looked to further that push. However, the rally was short lived as most of the gains were taken out in the afternoon. No news hit the tape as to why the bullish attempt to move higher was stopped in its tracks, but one look at a daily chart of the $SPX and you can get a clearer picture as the markets are encountering resistance and have now put in two topping tails on the daily chart

Under the hood the internals finished the day essentially split down the middle. With data to come on Friday morning, we could see the market chop along till that news hits the tape, until then it's safe to say we can expect anything, watch past support areas if the market turns over

Happy Trading

Tuesday, March 2, 2010

Today On The Marketbeat:




Market #'s @ Closing Bell:

S&P: +3
DOW: +2
NASDAQ: +7
Rus2K: +4.7
TSX/S&P: +87
$VIX: -0.17


Internals:

Core Sector List: 9/7

- NYSE -
BREADTH: 2/1 Pos
AD LINE: 1200

- NASDAQ -
BREADTH: 1.7/1 Pos
AD LINE: 890

Today on the Marketbeat:

With a bullish Monday behind us, the bulls looked to pick up where they left off, and they did just that for the most part of Tuesdays trading. That is, until the bears decided that last nights high would be enough for the bulls to feast on for now, as they flushed out the buyers with a flood of selling taking place after 2:3o pm. The Market tried to hold on but on the most part put in alot of topping tails across the board

Under the hood the bulls did hold onto the bullish close but after the move they enjoyed for the most part of Tuesday was not close to as strong. the Core sector list finished the day with 9 sectors in the green and 7 in the red, the Breadths closed the day around 2 to 1 to the bulls while the AD LINES closed the day around +1000 ticks. The Vix lost a small % today, down 17 cents.

Monday, March 1, 2010

Today On The Marketbeat:







Market #'s @ Closing Bell:

S&P: +11
DOW: +78
NASDAQ: +35
Rus2K: +13
TSX/S&P: +92
$VIX: -0.25


Internals:

Core Sector List: 15/1

- NYSE -
BREADTH: 4.4/1
AD LINE: 1740

- NASDAQ -
BREADTH: 2.2/1
AD LINE: 1350

Today on the Marketbeat:

Monday opened up the week with a decent move up for the Bulls. The bulls got off to a good start on the opening bell and pushed higher throughout the day, pulling back slightly at the close. The one kink in the bulls armour today is that the volume was not above average so when the late day pull back came, prices came in with them across the board.

Under the hood the internals were all in the green with the Core Sector list finishing the day at 15 to 1 to the bulls, with just the banking sector in the red slightly. The Breadth finished the day near its highs on both the NYSE and NASDAQ. The Vix finished out the group with a slight move lower, down 0.25 pts.

Unusual Options: Put Side - FRX/ SLM / WLP