AFTERNOON TAKE
Markets are mixed with the big caps outdoing both the small caps and the "tech heavy" NAZ. Quite a change as this hasn't been the case in quite a while. DJIA+42, NAZ+2, SPX+4 and R2K-1.5.
Sector leaders include gaming, brokers, homies, trannies, financials, biotechs and drugs. To the downside are oils, metals, internets, retail and semis.
Market internals even with +300 on NYSE and -300 on NAZ.
Semis are trying to get back to the flatline and the TICK reading has hit the magic 1k number a few times, so I expect a run higher later this afternoon as everyone no doubt want to own stocks.
Sector leaders include gaming, brokers, homies, trannies, financials, biotechs and drugs. To the downside are oils, metals, internets, retail and semis.
Market internals even with +300 on NYSE and -300 on NAZ.
Semis are trying to get back to the flatline and the TICK reading has hit the magic 1k number a few times, so I expect a run higher later this afternoon as everyone no doubt want to own stocks.
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