10:00 Update

The markets have opened lower this morning as retail sales were generally a little short of the mark. The Gap (GPS) turnaround seems to be stalling out as the SSS came in at -11%. The DJIA is -43 the SP500 is -5.5 and the Naz is -8. Oil stocks are generally higher but the OIH etf is climbing up against its 50 day SMA so it wouldn't be surprising to see the oil stocks take a break.