FLIP FLOP

Markets bounced around most of the day but closed mixed with the NAZ/NDX being the underperformer.

The DJIA closed +25, NAZ FLAT and SPX +3.

Strong sectors included metals, oils, gaming, utilities, real estate, retail and small cap growth. Weak links were banks, homies, airlines, brokers and semis.

Market internals were also mixed with NYSE stocks net 775 green and NAZ net 160 red.

The OEX/NDX were both about 50/50 between winners and losers while the SPX was about 3/2 green to red.

Volatility indexes mixed with the VXO down 4% and VIX flat.

No big deal in the markets today as there were spurts higher and lower but generally flattish. My stocks were pretty good with SSRI BAM SLG CTO and the oil patch all acting very well. Again, I don't expect much the rest of the week as holidays and vacations will no doubt dominate.

Oh and Arod, one error, one home run and one other hard hit single so off to an erratic start as he is now just 35 away from 500 home runs.