WHIPSAW

The markets have turned around and are now slightly higher led by Semis on the heels of the Freescale rumors.

Retailers, tech and consumers have led the way back up while metals and oils have come up off their lows but are still way down on the day. Other sector losers include biotechs and airlines.

Market internals are still red but way off their worst levels as there are now just 600 more losers than winners.

My purchases on the day, OIH and GDX.