10:00 VIEW

The indexes overall are blah this morning with some standout sector/stock performances. The NAZ is leading the way led by Semi's(+1%) and INTC (1.5%). The other hot sector for now is gold and the metals. The HUI (+2.4%) and XAU(+1.9%). Oils are lower today with the OIH (-.66%) and GS/AAPL both up over a buck in early trade.

Market Internals are about 500 to the red and the Volatility Sisters are trading a bit higher.

The Big Caps shockingly are lagging again and note that the Pivot Points today on the SPY are approximately as follows:

PP= 130.20

Resistance = 130.60

Support = 129.8

The general rule is if the security trades above the Pivot it is bullish and below is bearish.