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


