THE OPEN

Markets open mixed and unfortuneately for Haines and the other CNBC geniuses/chearleaders, the DJIA and the big caps are trailing the little guys. The SMH is also acting as best in class major ETF with IWM right behind.

Michigan sentiment, a strong 92.3 and homies bouncing back on the heels of the CTX warning.

Market internals are flattish with about 350 more winners than losers.

Strongest sectors include metals, oils, tech, semis and small caps. Losers include GE HD, retail, biotech, airlines, consumers, internets and drugs.

Keep in mind that the day after big trending days tend to be choppy.