THE CLOSE

Markets close with the major indexes giving back about half the mornings gains. The DJIA closed +51, SPX +3 and the NAZ +10.

The key tell that the markets weren't going to continue to rip higher, the brokers, which were having trouble all day finished about 1/4% higher but key components GS and MS finished red as did key financial player JPM.

The market internals finished in the green by about 600 after being much more bullish earlier in the day. I find that when the market rallies without the internals there is a pretty good chance it won't stick and today was one of those days.

Sector leaders, semis, airlines, biotech and drugs with losers being internets and oils.

I suspect the markets will have trouble the rest of the week regardless of the election results. Hopefully the results will be known early and there will be no legal challenges. I need the sleep.