OPENING PEAK

The markets open slightly higher with the large caps taking the lead as the DJIA is 20 points higher, the SPX 2 higher and the IWM and the NAZ both slightly lower.

Market internals show about 1,000 more losers than winners but the DJ stocks show 26 of the 30 higher led by GM AA MRK INTC MO and XOM; losers include HD and DIS.

Sectors outperforming include drugs, metals and oils with the losers being small caps, finanicals and homies.

The major brokers are reporting earnings this week and LEH had good numbers this morning but is selling off on the news. LM was bulled in barron and is trading up 3% and GS, also reporting this week, is trading down a buck.