RIGHT TO THE POINT

Markets move higher into the close as the DJIA Cash market was rangebound between the Pivot at 12,536 and resistance at 12,580.

The best performers today were the large caps followed by the middies with the small guys acting the worst. Value also beat out growth (barely).

Strongest sectors were gaming, reits, biotech, drugs, utilities and retail while semis, metals and oils lagged.

Market internals were also a mixed bag as the NDX was about 55 up and 45 down; OEX about the same and SPX about 270 up and 230 down.

Overall market internals were flat on the NYSE and red 250 on the NAZ.

Strongest stocks on the NDX were WYNN ERIC AAPL EXPD and ATVI while SYMC RIMM JOYG and LLTC were the worst.

The markets are still overbought according to my 2 day RSI indicator and if you want to read more about that indicator check out this article.

Big INTC report tonight and that stock trades like it wants to go higher regardless of what the fundys may say.