Not a bad close

The market staged another strong rally into the close, but not enough to make it all the way back to positive territory. The SPX was down more than 10 points with a half hour of trading left and rallied back to finish down less than 4 points. If they had just extended the trading hours a little...

As I wrote about yesterday, the focus today remained on the damage from the storm and how it would affect our energy-related assets. That pushed oil back above $70, even though it closed down on the day.

One other thing that stood out to me was that the Hi/Lo index actually expanded nicely today on both the NYSE and Nazz. I think the internals are solid, and that the market has more of a bounce to come.