MONDAY FLIP

I was a bit surprised on Friday when I saw that the DJIA closed down 40 after being up slightly or down slightly for most of the trading day. Could not have imagined what happened in the last few minutes. Well the answer is nothing as the DJIA gains the 40 right back on the open. Programs? Futures? Don't know why Russell rebalancing would impact but who knows.

Anyhow, the market internals are a bit bullish this morning with 700 more winners than losers with the best performing sectors being metals, semi's,oils, brokers and banks. Biotechs the only red I see other than the Volatility indexes.

My plan of the day, not much except maybe buy some dips if they show to flip.