1500 TAGGED

Markets trade choppy on the heels of good economic numbers and some earnings misses and beats. The refiners opened way lower but are coming back off the bottom as are the gamers.

Strongest sectors include trannies, airlines, silvers, internets, defense, drugs and tech. Leading lower are gaming, retail, oil service, biotech, small cap growth and utilities.

Key stocks are mixed with GOOG AAPL RIMM BIDU MSFT INTC MER MS LM CME ICE MA SGP PFE all higher while GS ISE C PG and GE are lower.

Market internals also mixed with a net 325 green on the NYSE and flat on the NAZ.

The OEX internals are 65/35 green to red while the NDX is 45/55 green to red.

IBD 100 winners include DLB HURN GSOL ROCM ICE and GROW while the losers are TSO VCLK CELG MGM OMCL and ROLL.

Value is beating growth as SPX 1,500 again at spitting distance after being tagged earlier in the day. I look for a choppy session but a move higher would not be surprising as lots of folks probably have a fear of missing.