AFTERNOON TELL

Usually its the DJIA out performing and the NAZ lagging but not today. The NAZ is +21, DJIA +11 and the SPX +4.

Strongest sectors include internets, reits, metals, homies, oils, real estate, small caps and tech while drugs, airlines, banks, consumers and trannies lag.

Big winners include VCLK CLRK CPLA GSOL DXPE EDU VMED AMZN LVLT AMLN JOYG WMB S EK COP MRK and LEH-

Big losers- MDT CL ABT AA CSC KO SLE MNST COST INFY ERIC MRVL SHLD MTL VOLV NILE TSSI IDSA and BTJ.

Market internals remain very bullish as the NYSE is +700 green and the NAZ +1,100.

The OEX about 55/45 green to red while the NDX acts best with 3/1 ups to down.

Volatility indexes continue to trade near the flat line at the 12.5 levels. Interesting how they were near the 9.5 level when the markets were much lower.

Not sure who, but some CNBC guest mentioned that the Big Caps have been out performing for about "eight or nine months." Well not to throw cold water on some one's chart reading, but the MID's are up about 13% on the year while the SPX is up less than 8% and the real big caps, the OEX, + 6%. Also, congrats to the CNBC crew whose GE stock just broke even for the year.