OPENING LOOK

The markets open higher with sector outperformers being the airlines, bios, internets, oils and small caps with metals, semis and homies bringing up the rear.

The 10 year Bond is hanging in at the 5.15% area.

Some red flags on the screen are the QQQQ and SMH lagging and the TRIN above 1.00 indicating more volume flowing to losing stocks. On the other hand, GS HHH AMGN OIH all green and generally they lead the markets higher. So kind of a mixed bag but the internals green are probably the signal to buy the dips for now.