THE CLOSE

Looks like Mariano won't be necessary today as the yanks look to lose by ten runs to one of the leagues worst teams. Hopefully they are saving their runs for the next five game set.

Back to the markets, the internets are the story of the day as the HHH closed + 3.75% and EBAY +7%. Other strong sectors included biotechs, brokers, SOX, retailers and homies. Metals and oils brought up the rear and how long will it be before T Boone is back on CNBC calling for $85/$100 oil. Someone needs to pump it up and my guess is we will see him before long.

The market did hit the wall at SPX 1,300 and QQQQ 39, so we now have some upside targets and I will be watching the reaction when and if those numbers are approached again.

Market internals closed modestly bullish with 800 more winners than losers.

I don't expect much market action tomorrow as many trader types will be heading for the shore with all their newly found profits.