THE WIRES

Futures are trading flat which is quite surprising in light of the JPM bullish take on semis.

Morining news includes:

insider selling reported at MER; Business week profiling HIG which was also mentioned in the barron's roundtable; the Indian markets have hit new highs again; BLK added to C's rec list while MAR is dropped; CC target raised to $30 at CIBC; LEA agrees to be acquired by Icahn group;

Gapping up - CEGE CHINA CTO MA F WOLF HANS GM SHLD SAP BRCM GS SHLD

Gapping down- SIMG CWTR BMC JOYG HMY NYX

If anyone cares, in this Shark's portfolio:

AAPL ABER AMGN BBBY BHP CTO CTSH CVS DEL FTO GDX GG GS HHH IAI IBN INFY ITA IMPUY IWM JOE HLX LIZ MGM MMM MO MS NOV OIH PAAS PXD SAY SLG SMH SSRI SYK TIF TRC TROW UPS VLO VSL XLE XTO

And stuff I am interested in buying/adding : ARE CTO FEC FLA JOE HIG LM MO SLG

And stuff I want to dump: AAPL SMH