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Post Market Analysis, Wednesday December 9

|Includes: Apple Inc. (AAPL), BB, DIA, GS, IWM, QQQ, SPY, SPY, XLF

For the most part, stocks finished strong today. If you recall, I made note of a few bullish indicators in my Halftime Report that could potentially boost the markets. The VIX bled out today, down 4.35%. The TRIN actually finished in the neutral range, but the TRIN/Q was undeniably bullish. The TICK corroborated the intraday movement in stocks nicely. The S&P 500 (SPX , SPY) is still holding up in the broad high base formation that it has been in for the past month. This is a bullish sign; however, it is crucial to see which direction the formation resolves to. In today's video I took a brief look at a few of the leaders (AAPL, RIMM, and GS) for the session.

video

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Happy Trading,

Jason