MARKET OPENS

Markets are trading a bit lower at 10:00 as they got a boost on the heels of the consumer confidence/existing home sales and Chicago PM news.

Strongest sectors are semis, metals, retail and small caps. Downside leaders include gaming, oils, internets and brokers.

Checking the internals, the SPX/NDX and OEX all show about 50/50 between winners and losers.

The NYSE has 70 net issues to the green while the NAZ has about 400 net to the red.

Overall it looks like the day will be choppy as folks may be able to push it all around due to the light volume.

Big cap winners include ATI EP AA CL CAT and JNJ while losers include AVP MDT LEH C AMGN and CPB.