FLAT CLOSE

Markets are giving a tough time to folks who are trying to make a directional call as they go up, go way down and close flat. Geopolitical jitters, and the apparent fear of being short over the weekend seems to have caused some of the volatility as the DJIA traded with a 180 point range.

My screens have some fairly interesting data with real estate, metals, drugs/biotech generally green and finanicials, brokers, gaming and oils mainly red and techs mixed. In addition, growth over value, and light volume.

Market internals closed flattish on the NYSE and NAZ with the OEX 40/60 red and the NDX/ SPX closed 50/50.

IBD 100 stocks also 50/50 with MTOX MFW HURC HWCC RJET DLB and GROW UCTT HRT DXPE CYNO EDU MBT CTSH X and VCLK.

Key stocks generally flat to red with MER MS CME MSFT INTC AMGN IBB and GS LEH BSC BOT NYX ICE JPM MA WFC BAC GOOG AAPL.

Big cap winners include MEDI NSC NSM IP CAT EMC TYC BRCM WFMI TEVA LBTYA and DISH. Losers- CKFR JOYG PAYX WYNN DISCA ERTS ESRX ISRG SLB WMB BHI EP AES CVX and COP.

Volatility indexes down a bit but still trading between 5% and 10% above their various 10 day SMA's.

Next week - frankly, no idea but I have added to hedges via the QID, so still net long just a bit less as I suspect tricky trading for awhile.