Market #'s @ Closing Bell:
S&P: -1
DOW: +45
NASDAQ: +2
Rus2K: -2
TSX/S&P: -63
$VIX: -0.34
Internals:
Core Sector List: 11/5 Neg
- NYSE -
BREADTH: 2/1 Neg
AD LINE: -463
- NASDAQ -
BREADTH: 1.1/1 Neg
AD LINE: -370
Today on the Marketbeat:
Thursday was a day of disconnect, as the internals did not dictate the movement of the market. The internals across the board were negative, but the DOW, NASDAQ both finished the day up, while the S&P and Russel were slightly lower. Add the fact that with bearish internals and bullish price action the VIX also was lower on the day, suggesting that fear is not very present in this market.
One could say that Thursday was a day of a lot of inside action, meaning the inside players were moving the market. Tomorrow is the options expiry for March options for keep that in mind as we could peg some solid numbers on some big name stocks.
Happy Trading


