2:00

The markets internals are getting a bit stronger as I watch today's trade. We are now back to 700 losers over winners and it seems that the market wants to go higher. We were rejected twice so far at the Pivot, but I think the 3rd time may be the charm. I will be watching the 130.2 level on the SPY with great curiosity.

The leading sectors as of 2:00 EST are Semis, Precious Metals and now the oils. AAPL GS and GOOG are hanging in the green. The financials trade mixed and the losers are Bios, Drugs and some of the consumer stocks.