TECHNICALS-GS

Philly Fed numbers coming out in a few moments and the last time they showed the markets sold off plenty hard.

Today we continue to find the markets mixed with the major indexes flat and market internals a bit bullish.

Lagging like a soar thumb are the brokers and the financials with red figures for C JPM BAC GS MS and MER. Not sure what it means but the continuous winning streak on GS is over and I sold mine yesterday. Of course looking to buy back at lower prices.

Strongest sectors continue to be internets, metals, oils, airlines and biotechs. To the dowside, finanicials, wintel, semis, tech, retail and consumers.

DJIA winners include T GM KO MO HPQ VZ and IBM. Losers, HON MCD MSFT INTC JPM AIG and GE.

Market internal a green 1,200, so don't be surprised by higher prices later on this afternoon.