NOON CHECK

Markets continue to bounce around with the DJIA stocks outpacing NAZ stocks as techs/semis spit the earnings bit and underperform.

Acting well are drugs, airlines, retail, biotechs, consumers, brokers and small caps; to the dowside- semis, techs, internets, oils, trannies and financials.

Market internals hang in with about 1,400 more winners than losers with most of the winners on the NYSE. Again, most (80% plus) of the TICK readings have again been above the zero line giving me confidence of another move higher.

I haven't made a trade yet but plan on buying an afternoon dip (hope) for a ramp back up near the morning highs on the YM; I admit to being asleep at the switch for the long trade pullback at the SPX pivot at 1364.

And yes I think the guy in the picture would do just as good a job as a CNBC anchor as the guys/gals that are on now.