THE OPEN

Markets open mixed with the DJIA lower by 11 and NAZ and SPX about break even.

Market internals are leaning a bit bearish with about 300 more losers than winners.

Sector leaders include semis, oils and metals with losers being retailers, financials and small caps.

The OIH is working its way back to the $130 level and the SMH is again trying to get back to the $35 level, so I would keep eyes peeled on those two charts for now.