THE OPEN

The markets are off an running, well maybe more like crawling as the SPX is +2 and the NAZ COMP is up about six.

Market internals have flipped to green with the trannies, airlines, retailers, internets and drugs leading the way while the oils, metals and brokers trail.

Keep an eye on those BKX and Brokers with my main tell, GS, lower again and under the 149 line. I maintain it will be difficult for the markets to get traction with the financials not participating.

Small Caps also moving a bit higher.