10:30 EH

The markets sold off right out of the gate but have now reversed and the SP 500 is higher by 4 points and the NAZ is green by 13. The internals are a bit more mellow with under 1,000 more gainers than losers. The sectors worth mentioning are Oils and Metals (+3%)higher and homies lower. The 10 year Bond is back down to 4.69% and the Volatility Sisters are unchanged as usual.

GOOG the big winner(+7.5%) as far as individual stocks go with AAPL suprising to the upside by 46 cents.

Note that resistance on the SPY lies in the 130.4 to 130.75 area and support is of course at the low of the day of 129.7. The Pivot is 130 give or take a few pennies.